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Godrej Industries Limited ( (IN:GODREJIND) ) has issued an announcement.
Godrej Industries Limited has announced that CRISIL Ratings Limited has assigned a ‘CRISIL AA+ (Stable)’ rating to its Non-Convertible Debentures (NCDs) worth up to ₹8,250 crore, which includes a proposed NCD issue of ₹2,000 crore. This rating indicates a high degree of safety regarding timely servicing of financial obligations and suggests very low credit risk, reflecting positively on the company’s financial stability and market confidence.
More about Godrej Industries Limited
Godrej Industries Limited operates in the diversified conglomerate sector, focusing on industries such as consumer goods, real estate, agriculture, and chemicals. The company is part of the Godrej Group, which is known for its strong presence in the Indian market and its commitment to sustainable and innovative business practices.
Average Trading Volume: 8,129
Technical Sentiment Signal: Buy
Current Market Cap: 361.5B INR
Find detailed analytics on GODREJIND stock on TipRanks’ Stock Analysis page.