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Varroc Engineering Limited ( (IN:VARROC) ) has issued an announcement.
Varroc Engineering Limited announced an upgrade in its credit rating by India Ratings & Research. The company’s non-convertible debentures and bank loans have been upgraded to ‘IND AA’ with a Stable Outlook from ‘IND AA-‘, reflecting improved financial stability and potentially enhancing its market position and investor confidence.
More about Varroc Engineering Limited
Varroc Engineering Limited is a company based in Maharashtra, India, operating in the engineering sector. It specializes in the production of automotive components and systems, focusing on providing innovative solutions to the automotive industry.
YTD Price Performance: -26.81%
Average Trading Volume: 13,509
Current Market Cap: 66.74B INR
For an in-depth examination of VARROC stock, go to TipRanks’ Stock Analysis page.