9 Feb 2022 , 09:40 AM
CARE Ratings Limited has reaffirmed the Credit Rating on total of Rs754.73cr bank facilities of Precision Wires India Limited. The rating on long-term bank facilities Rs79.73cr (Enhanced from Rs65.87cr) has been reaffirmed at CARE A; Positive.
The Outlook has been revised from stable.
The credit rating agency also reaffirmed CARE A1 rating on short-term bank facilities Rs675cr (Enhanced from Rs565cr).
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