Nitin Spinners (NITINSPIN) — Announcement

Nitin Spinners Limited announced that CARE Ratings upgraded its long-term bank facilities credit rating from A to A+ with a stable outlook, while reaffirming the short-term rating at A1. The upgrade reflects improved financial performance and operational developments reported for FY26, enhancing the company's perceived creditworthiness among investors. This development strengthens its borrowing capacity and market positioning.

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About Nitin Spinners Limited (NITINSPIN)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹2,807.63 Cr P/E: 15.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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