CRISIL assigns credit ratings to DFM Foods' bank facilities

23 Feb 2022 , 10:10 AM

DFM Foods Ltd has informed that CRISIL agency has assigned the bank ratings of the company where long-term ratings has been assigned at CRISIL A- / Negative while short term rating has been assigned at CRISIL A2+.

As per rationale report, the rating factors in the company’s comfortable financial risk profile marked by healthy cash and bank balance and liquid investments and low operating cycle.

At around 10:12 AM, DFM Foods was trading at Rs274.35 apiece up by Rs0.85 or 0.31% on Sensex.