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Rane (Madras) Limited ( (IN:RML) ) has provided an announcement.
Rane (Madras) Limited announced that CRISIL Limited has maintained its credit ratings for the company’s bank loan facilities, with long-term facilities rated as ‘CRISIL A / Watch Positive’ and short-term facilities reaffirmed at ‘CRISIL A1’. This indicates a positive outlook for the company’s financial stability and may enhance its credibility in the market, potentially benefiting stakeholders by reinforcing confidence in the company’s financial management.
More about Rane (Madras) Limited
Rane (Madras) Limited operates within the automotive industry, focusing on manufacturing and supplying auto components. The company is part of the Rane Group, which is known for its diverse range of products catering to various segments of the automotive market.
YTD Price Performance: -31.03%
Average Trading Volume: 609
Current Market Cap: 9.92B INR
Find detailed analytics on RML stock on TipRanks’ Stock Analysis page.