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Rane Engine Valve gets reaffirmation of credit ratings

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Capital Market

From ICRA

Rane Engine Valve announced that ICRA has reaffirmed for the Rs. 150.23 crore line of credit - long term rating to [ICRA] BBB (pronounced as ICRA triple B) with revision of outlook from 'Positive' to 'Stable'.

Further, the agency has re-affirmed - short term rating for the Rs. 4.00 crore line of credit at [ICRA] A2

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First Published: May 17 2018 | 7:45 PM IST

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