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Paushak Limited ( (IN:PAUSHAKLTD) ) has provided an update.
Paushak Limited has received a reaffirmation of its long-term credit rating at CRISIL A with a Stable outlook and an assignment of CRISIL A1 for its short-term facilities from CRISIL Ratings Limited, coinciding with an enhancement of its total rated bank loan facilities to Rs. 145 crore from Rs. 40 crore. The rating action, covering proposed and existing working capital facilities as well as term loans, underscores the company’s maintained credit strength and improved financing headroom, which may support its operational liquidity, growth plans, and positioning with lenders and other financial stakeholders.
More about Paushak Limited
Paushak Limited is an India-based chemical manufacturer, part of the Alembic group, operating from Gujarat with facilities in Panelav and a registered office in Vadodara. The company is listed on both BSE and NSE, indicating a public market presence and access to institutional and retail investors in the Indian capital markets.
Average Trading Volume: 11,993
Technical Sentiment Signal: Sell
Current Market Cap: 13.8B INR
For a thorough assessment of PAUSHAKLTD stock, go to TipRanks’ Stock Analysis page.