Ratnaveer Precision Engineering (RATNAVEER) — Announcement

Ratnaveer Precision Engineering Limited announced an upgrade in its credit ratings from IVR BBB+ / Positive to IVR A- / Stable for long-term bank facilities and from IVR A2 to IVR A2+ for short-term facilities, reflecting improved lender confidence and stronger financial positioning. The revision underscores enhanced creditworthiness and reduced borrowing costs, offering investors greater assurance of the company's fiscal stability and access to capital. This development highlights the firm's proactive risk management and growing market credibility, making it a more attractive investment in the precision engineering sector.

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About Ratnaveer Precision Engineering Limited (RATNAVEER)

Metals & Mining · Steel · Listed on NSE

Market Cap: ₹2,060.66 Cr P/E: 14.9 ROE: 1.1% ROCE: 1.0%

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

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