ICRA Revises DCM Shriram Consolidated Rating

DCM Shriram Consolidated Ltd has announced that M/s. ICRA Ltd has revised the rating for long term debt programme of the Company from ‘LAA-’ to ‘LA’ which indicates adequate credit quality. Further, the rating for the commercial paper/short term debt programme of the Company has been revised from 'A1+' to 'A1' which indicates highest credit quality rating for short term debt instruments.

Source : Equity Bulls

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