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HMA Agro Industries Secures Stable Credit Rating from CARE

Story Highlights
  • HMA Agro Industries is a Five Star Export House in the agro-industries sector.
  • CARE Ratings assigned HMA Agro a stable long-term credit rating after bank facilities enhancement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HMA Agro Industries Secures Stable Credit Rating from CARE

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The latest announcement is out from HMA Agro Industries Limited ( (IN:HMAAGRO) ).

HMA Agro Industries Limited has announced that CARE Ratings Limited has assigned a Long-Term Credit Rating of CARE A-; Stable and reaffirmed the Short-Term Credit Rating as CARE A2+ for its bank facilities. This rating comes after an enhancement in the amount of the company’s bank facilities to Rs. 931.00 Crore from Rs. 830.00 Crore, reflecting a stable outlook and reaffirming the company’s strong financial position in the market.

More about HMA Agro Industries Limited

HMA Agro Industries Limited is a recognized Five Star Export House by the Government of India. The company is involved in the agro-industries sector, focusing on the export of agricultural products.

Average Trading Volume: 23,718

Technical Sentiment Signal: Sell

Current Market Cap: 15.27B INR

For detailed information about HMAAGRO stock, go to TipRanks’ Stock Analysis page.

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