From CARE
Modison Metals announced that the credit rating of the Company (rated by Credit Analysis & Research (CARE)) has been improved from Care A-(Single A Minus) to Care A (Single A) for long term bank facilities and for short term bank facilities from Care A2 + (A Two Plus) to Care A 1 (A one). The upgradation in credit rating is attributed to improvement in operational efficiency during recessionary trend for the Company's type of industry.Powered by Capital Market - Live News