Sportking India announced that ICRA has revised the credit rating for bank loan credit of Rs 600 crore availed by the company as under -
Long Term Rating - ICRA BBB (Revised from ICRA BBB+)
Short Term Rating - ICRA A3+ (Revised from ICRA A2)
However, there is no change in the outlook on the long term rating of the Company which continues to remain STABLE as was earlier.
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