Business Standard

Ador Welding receives credit ratings for bank facilities from CARE

Image

Capital Market
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).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 31 2020 | 3:36 PM IST

Explore News