Manaksia Coated Metals' credit ratings upgraded by Acuite Rating & Research Limited.
Leading coated metal producer, Manaksia Coated Metals & Industries Limited, receives upgraded credit ratings from Acuite Rating & Research Limited. Long-term rating revised from ACUITE BBB+ to A-, and short-term rating from ACUITE A2 to A2+. Upgrade reflects company's financial strength, strong order book, comfortable capital structure, and enhanced debt protection metrics. This boosts stakeholder and investor confidence.
July 01, 2024
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