ICRA downgrades Unichem Laboratories' rating for Rs. 176 crs bank facilities

ICRA, the credit rating agency has downgraded the long-term rating on the Rs. 176 crs bank facilities of Unichem Laboratories Ltd to [ICRA] A- (Stable) (pronounced ICRA A minus with a Stable outlook).

This rating indicates have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Source : Equity Bulls

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UnichemLaboratories RatingDowngrade BankFacilities