From ICRA
Indoco Remedies announced that ICRA has revised the rating from [ICRA]AA- (pronounced ICRA double A minus) to [ICRA]A+ (pronounced ICRA A plus) for the long term borrowing programme of the company. The Outlook on the long term rating has been revised to 'Stable' from 'Negative'.The short term rating has been reaffirmed at [ICRA]Al+ (pronounced ICRAA one plus)
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