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SEAMEC Limited Receives ‘CRISIL A+/Watch Developing’ Credit Rating

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SEAMEC Limited Receives ‘CRISIL A+/Watch Developing’ Credit Rating

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SEAMEC Limited ( (IN:SEAMECLTD) ) just unveiled an announcement.

SEAMEC Limited has announced that CRISIL Ratings has assigned a ‘CRISIL A+/Watch Developing’ rating for its bank facilities, which have been increased to Rs. 533 Crore from Rs. 383 Crore. This rating indicates that the company is under ‘Rating Watch with Developing Implications’, suggesting potential changes in the company’s credit profile, which stakeholders should monitor closely.

More about SEAMEC Limited

SEAMEC Limited is a prominent player in the marine industry, specializing in underwater services and marine logistics. The company is a member of the International Marine Contractors Association and holds multiple ISO certifications, reflecting its commitment to quality and safety standards.

Average Trading Volume: 2,506

Technical Sentiment Signal: Sell

Current Market Cap: 22.72B INR

See more insights into SEAMECLTD stock on TipRanks’ Stock Analysis page.

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