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Article: CRISIL assigns BB/P4 ratings to Ganesh Polytex's bank facilities.
- Article from:
- ADP Debt News
- Article date:
- September 10, 2009
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(ADPnews) - Sep 10, 2009 - Indian credit rating agency CRISIL said yesterday it assigned ratings of BB with a "stable" outlook and of P4 to various bank facilities of local textile company Ganesh Polytex Ltd (BOM:514167).
The ratings reflect the company's weak financial risk profile marked by high gearing, low net worth and moderate debt protection measures. The ratings also factor in the company's limited pricing power because of the dominance of large players. These weaknesses are partially offset by Ganesh Polytex's established market position, its stable profitability and the benefits it derives from its promoter's experience in the recycled polyester fiber ...
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Article: GANESH POLYTEX COMMENCES COMMERCIAL PRODUCTION IN ...
The Hindustan Times;
February 17, 2007 ;
297 words
... ... project for manufacture of Recycled Polyester Staple Fibre with an installed capacity of 9000 TPA at Pantnagar, Uttaranchal, Ganesh Polytex Ltd., has informed BSE that the unit has been streamlined and commercial production has been commenced. Edited press ...
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