Fitch may cut Jaisingh Wires

Fitch Ratings said it placed Jaisingh Wires Pvt Ltd.'s national long-term rating of A(ind) on rating watch negative, along with the F1(ind) rating of its cash credit facilities totaling Rs.47 million and F1(ind) rating of its fund-based working capital facilities totaling Rs.85 million.

The watch follows the same action on Polycab Wires Pvt Ltd.'s national long-term A+(ind) rating, Fitch said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.