Shakti Pumps (India) receives revised credit ratings from CARE

Shakti Pumps (India) receives revised credit ratings from CARE

Dec 06, 2019 08:12 IST capital market

Shakti Pumps (India) announced that CARE Ratings has revised the credit ratings for Long-term Bank Facilities from CARE A-: Stable (Single A Minus ; Outlook: Stable) to CARE A-; Negative (Single A Minus; Outlook:-Negative) and reaffirmed the rating for short terms Bank Facilities at CARE A2+ (A Two Plus).

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