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The latest update is out from Crompton Greaves Consumer Electricals Ltd. ( (IN:CROMPTON) ).
Crompton Greaves Consumer Electricals Limited has announced changes to its credit ratings by CRISIL Ratings Limited, reflecting the company’s evolving debt profile. CRISIL has withdrawn its CRISIL AA+/Stable rating on the company’s Rs 300 crore non-convertible debentures, which were fully redeemed on July 22, 2025, and has assigned a CRISIL AA+/Stable rating to Crompton’s long-term bank loan facilities of Rs 975 crore along with a CRISIL A1+ rating for an equivalent amount of short-term bank loan facilities, signalling continued strong creditworthiness. These ratings support the company’s financial flexibility and borrowing capacity, with implications for its cost of capital and perceived stability among lenders and investors.
More about Crompton Greaves Consumer Electricals Ltd.
Crompton Greaves Consumer Electricals Limited is an Indian consumer electricals company based in Mumbai, operating in segments such as fans, lighting, pumps, and other household electrical appliances. The company focuses on the domestic market, serving residential and commercial customers through a wide distribution network and maintaining listings on both BSE and NSE under the symbol CROMPTON.
Average Trading Volume: 211,299
Technical Sentiment Signal: Sell
Current Market Cap: 145.2B INR
See more insights into CROMPTON stock on TipRanks’ Stock Analysis page.