Ador Welding announced that CARE has revised the credit ratings with respect to the bank facilities of the company as under-
The revision is with respect to the long term bank facilities. The revised rating is CARE A+ (Single A Plus) whereas the earlier rating was CARE AA- (Double A Minus) however the outlook under both the ratings denotes stability. Further, the rating with respect to short term bank facilities is reaffirmed at CARE A1+ (A One Plus).
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