Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Khadim India Limited ( (IN:KHADIM) ) has shared an announcement.
Khadim India Limited has received a revised communication from CARE Ratings on its bank facilities totaling ₹182.95 crore, with the long-term facilities of ₹151.45 crore reaffirmed at CARE BBB with a Stable outlook and the short-term facilities of ₹31.50 crore reaffirmed at CARE A3+. The ratings have been removed from the previous Rating Watch with Developing Implications, suggesting a clearer outlook on the company’s credit profile following a review based on its FY25 audited and H1FY26 unaudited performance, which may provide greater confidence to lenders and stakeholders regarding the company’s financial stability and access to bank funding.
More about Khadim India Limited
Khadim India Limited is a Kolkata-based footwear company operating in the retail and distribution segment, offering a wide range of footwear products across India. It focuses on mass and value-market consumers through an extensive network of retail outlets and distribution channels, positioning itself as an affordable branded footwear player in the domestic market.
Average Trading Volume: 3,328
Technical Sentiment Signal: Sell
Current Market Cap: 3.2B INR
For a thorough assessment of KHADIM stock, go to TipRanks’ Stock Analysis page.