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Britannia Industries Maintains Strong Credit Ratings

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Britannia Industries Maintains Strong Credit Ratings

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An update from Britannia Industries Ltd ( (IN:BRITANNIA) ) is now available.

Britannia Industries Ltd announced that Crisil Ratings Limited has reaffirmed its credit ratings, with long-term bank loan facilities rated as Crisil AAA/Stable and commercial paper rated as Crisil A1+. The reaffirmation of these ratings reflects the company’s strong financial position and stability, although it currently has no outstanding commercial papers or non-convertible debentures as these have been fully redeemed.

More about Britannia Industries Ltd

Britannia Industries Ltd is a leading company in the food industry, primarily known for its production of biscuits, dairy products, and bakery items. The company focuses on delivering high-quality food products and has a significant market presence in India and other international markets.

Average Trading Volume: 9,722

Technical Sentiment Signal: Strong Buy

Current Market Cap: 1436.7B INR

For an in-depth examination of BRITANNIA stock, go to TipRanks’ Overview page.

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