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CARE Ratings Upgrades Credit Ratings of GHCL Textiles

Story Highlights
  • CARE Ratings upgraded GHCL Textiles’ long-term and short-term bank facility ratings, reflecting stronger credit quality.
  • Short-term ratings were raised and long-term facilities withdrawn post full loan repayment, signaling improved finances.
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CARE Ratings Upgrades Credit Ratings of GHCL Textiles

Meet Samuel – Your Personal Investing Prophet

Ghcl Textiles Ltd. ( (IN:GHCLTEXTIL) ) has provided an update.

GHCL Textiles Limited has announced that CARE Ratings Limited has upgraded its credit ratings for the company’s bank facilities following a review based on its operational and financial performance for the first half of FY26. The long-term/short-term bank facilities of Rs 500 crore have been upgraded to CARE A; Stable/CARE A1 from CARE A-; Stable/CARE A2+, while short-term bank facilities of Rs 100 crore have been upgraded to CARE A1 from CARE A2+, and the earlier long-term bank facilities have been withdrawn after full repayment of term loans, signaling improved creditworthiness and a stronger financial position for the company.

More about Ghcl Textiles Ltd.

GHCL Textiles Limited is an India-based company in the textiles industry, focused on manufacturing and supplying textile products, and is listed on both the National Stock Exchange of India and BSE Limited under the code GHCLTEXTIL/543918.

Average Trading Volume: 7,620

Technical Sentiment Signal: Sell

Current Market Cap: 7.12B INR

Find detailed analytics on GHCLTEXTIL stock on TipRanks’ Stock Analysis page.

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