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Mukand Ltd is engaged in manufacturing of special alloy steel, billets, bars, rods, EOT cranes, material handling equipment and other industrial machinery and comprehensive engineering services.
CRISIL Ratings has reaffirmed Mukand Ltd.'s long-term rating for its ₹1585 Cr bank facilities and ₹75 Cr Fixed Deposits at 'CRISIL BBB+/Stable'. The short-term rating for bank guarantees (₹184.90 Cr) is also reaffirmed at 'CRISIL A2'. This maintains the company's credit profile, signaling moderate safety for financial obligations.