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KCP Sugar & Industries Corp. Ltd. ( (IN:KCPSUGIND) ) just unveiled an announcement.
KCP Sugar & Industries Corporation Ltd. announced that CARE Ratings Limited has reaffirmed and withdrawn certain credit ratings for the company’s bank facilities and fixed deposits. The reaffirmation of ratings reflects the company’s stable operational and financial performance, as assessed for the fiscal year 2025 and the first quarter of fiscal year 2026. This announcement may impact the company’s financial strategy and stakeholder confidence, given the importance of credit ratings in financial planning and investment decisions.
More about KCP Sugar & Industries Corp. Ltd.
KCP Sugar & Industries Corporation Ltd. is a prominent manufacturer in the sugar industry, producing premium-grade sugars, rectified spirit, anhydrous alcohol, extra-neutral alcohol, CO2, calcium lactate, bio-fertilizers, bio-compost, and mycorrhiza inoculum. The company also fabricates heavy industrial machinery and operates factories in Vuyyru and Lakshmipuram, Andhra Pradesh, with an engineering division in Trichy, Tamil Nadu.
Average Trading Volume: 16,025
Technical Sentiment Signal: Sell
Current Market Cap: 3.54B INR
See more insights into KCPSUGIND stock on TipRanks’ Stock Analysis page.