Ramkrishna Forgings receives upgrade in ratings outlook

Ramkrishna Forgings announced that India Ratings and Research has affirmed the credit ratings and upgraded the outlook as under:

Term loan (Rs 722.5 crore) - IND A/ Positive
Fund based working capital limits (Rs 625 crore) - IND A/ Positive/ IND A1
Non fund based working capital limits (Rs 350 crore) - IND A1

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