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ICRA Ratings on Monday said it has a ‘Negative’ outlook to the domestic auto dealership sector, given an expected decline in the credit profile of industry participants amid slowing sales and high working capital debt.
ICRA has downgraded Piramal Enterprises’ promoter entity Aasan Corp's rating on Rs1,900cr worth outstanding non-convertible debentures to ‘ICRA A-’.
#ICRA: The target price for ICRA Ltd of ₹2,714.5 is now above that latest price of ₹2,714.1.
ICRA downgrades Piramal's promoter entity Aasan Corp's rating on Rs 1,900 crores worth outstanding NCDs to ICRA A-.
CRA downgrades Piramal's promoter entity Aasan Corp's rating on Rs 1,900 crores worth outstanding NCDs to ICRA A-.
Economic Times Ø Single-Window clearance likely for Private Coal Blocks Ø India may not have shut the door on RCEP Ø Govt's Rs 25,000 Cr Realty Booster inadequate: ICRA Ø AGR ruling may hit any company with Telecom licence
ICRA has assigned long-term rating of [ICRA]AA- (Negative) to UFO Moviez India Ltd
ICRA reaffirms ratings of Hikal Ltd