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Styrenix Performance Materials Sees Positive Outlook in Credit Rating Update

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Styrenix Performance Materials Sees Positive Outlook in Credit Rating Update

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Styrenix Performance Materials Ltd ( (IN:STYRENIX) ) has shared an update.

Styrenix Performance Materials Limited has announced an update regarding its credit rating. The company, which is involved in the production of performance materials, has had its credit rating reaffirmed by CARE Ratings Ltd. The rating for its banking facilities, amounting to Rs. 650 crore, has been maintained at CARE A+ and CARE A1+, with the outlook revised from stable to positive. This change in outlook suggests a favorable view of the company’s financial stability and future prospects, potentially impacting investor confidence and market positioning.

More about Styrenix Performance Materials Ltd

Average Trading Volume: 1,496

Technical Sentiment Signal: Hold

Current Market Cap: 41.48B INR

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

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