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Majestic Auto gets revision in credit ratings

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Capital Market
Last Updated : Sep 07 2017 | 12:01 AM IST

From ICRA

Majestic Auto announced that ICRA has retained the long term rating from ICRA BBB and the outlook for the same has been revised from 'Stable' to 'Negative'. ICRA has revised the short term rating from ICRA A2 to ICRA A3 + for Rs 50 crore of the Company.

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First Published: Sep 06 2017 | 8:51 AM IST

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