Credit Analysis & Research Limited (CARE) has reaffirmed the rating on credit facilities od
Bharat Rasayan Limited.
CARE has reaffirmed A1+ rating on Commercial Paper (CP) Issue. It has also reaffirmed long-term Bank Facilities at CARE AA- and Short Term Bank Facilities at CARE A1+.
Bharat Rasayan is promoted by S N Gupta and Bharat Insecticides and incorporated in May 1989 the company manufactures Technical-grade pesticides, Pesticide formulations and intermediates. The product basket cosists Metaphenoxy Benzaldehyde, Fenvalerate, Cypermethrin, Ethyl Ester and Isoproturon.
Bharat Rasayan Ltd ended at Rs9,648.85 per piece down by Rs73.2 or 0.75% on the BSE.