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The latest announcement is out from Sheela Foam Ltd. ( (IN:SFL) ).
Sheela Foam Limited has received a stable credit rating from India Ratings and Research, affirming its Long-Term Issuer Rating at IND AA/Stable. This rating applies to various debt instruments, including non-convertible debentures and term loans, indicating a strong financial position and stability in the company’s operations, which could positively impact its market standing and reassure stakeholders.
More about Sheela Foam Ltd.
Sheela Foam Ltd. operates in the foam industry, primarily focusing on the production of foam-based products. The company is well-known for its Sleepwell brand, which offers a range of mattresses and other bedding products, catering to both domestic and international markets.
YTD Price Performance: -25.06%
Average Trading Volume: 14,907
Current Market Cap: 80.5B INR
Learn more about SFL stock on TipRanks’ Stock Analysis page.