tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kaynes Technology Receives ‘CRISIL A/Watch Developing’ Credit Rating

Story Highlights
Kaynes Technology Receives ‘CRISIL A/Watch Developing’ Credit Rating

Claim 50% Off TipRanks Premium and Invest with Confidence

Kaynes Technology India Ltd. ( (IN:KAYNES) ) has provided an update.

Kaynes Technology India Limited has received a ‘CRISIL A/Watch developing’ credit rating from CRISIL Rating Limited for its long-term bank facilities. This rating indicates an adequate degree of safety regarding timely servicing of debt obligations, with low credit risk. The rating is placed on ‘Rating Watch with Developing Implications,’ suggesting an emerging situation that could impact the company’s credit profile. This development is crucial for stakeholders as it reflects the company’s current financial stability and potential future changes in its creditworthiness.

More about Kaynes Technology India Ltd.

Kaynes Technology India Limited operates in the technology sector, focusing on providing advanced electronic manufacturing services. The company is known for its expertise in offering integrated solutions for a wide range of industries, including automotive, industrial, aerospace, and medical sectors.

Average Trading Volume: 137,525

Technical Sentiment Signal: Sell

Current Market Cap: 286B INR

See more data about KAYNES stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1