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Beardsell Limited’s Credit Rating Upgraded Amidst Growth

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Beardsell Limited’s Credit Rating Upgraded Amidst Growth

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Beardsell Limited ( (IN:BEARDSELL) ) has issued an announcement.

Beardsell Limited has received an upgrade in its credit ratings from CARE Ratings Limited, reflecting sustained growth in its operations and improved capital structure over the past three years. The company has shown resilience in maintaining stable operating margins despite competitive pressures and volatile raw material prices, supported by increased order flow from public sector undertakings and a growing EPS segment. However, challenges remain due to moderate profitability margins and the cyclical nature of the industry.

More about Beardsell Limited

Beardsell Limited operates in the thermal insulation products and engineering industry, with a focus on providing solutions such as expanded polystyrene (EPS) and prefab panels. The company has a long-standing presence in the market, leveraging its experience and relationships with clients to maintain and renew contracts.

Current Market Cap: 1.46B INR

See more data about BEARDSELL stock on TipRanks’ Stock Analysis page.

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