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Maheshwari Logistics Ltd. ( (IN:MAHESHWARI) ) has issued an update.
Maheshwari Logistics Limited announced that Brickwork Ratings India has reaffirmed its credit ratings on the company’s bank facilities, maintaining the long-term rating at BWR A- while revising the outlook from Negative to Stable and confirming the short-term rating at BWR A2+. The review covers bank loan facilities totaling Rs. 292 crore and signals an improvement in the company’s credit profile and business stability, which may enhance its funding flexibility and support its standing with lenders and other stakeholders.
More about Maheshwari Logistics Ltd.
Maheshwari Logistics Limited operates in the logistics and related services sector, utilizing bank-funded facilities to support its operations and growth. The company’s scale of bank loan facilities, currently aggregating Rs. 292 crore, underscores its reliance on institutional credit to finance working capital and long-term requirements in a capital-intensive industry.
Average Trading Volume: 10,652
Technical Sentiment Signal: Sell
Current Market Cap: 1.26B INR
For detailed information about MAHESHWARI stock, go to TipRanks’ Stock Analysis page.