Marco Cables & Conductors Limited — Credit Ratings, 25-07-2025: Credit Rating- Revision
25-07-2025 | 04:55 pm
25-07-2025 | 04:55 pm
CARE Ratings has upgraded Marco Cables & Conductors Limited's long-term bank facilities to CARE BB+; Stable, alongside improvements in its short-term ratings. This positive action covers bank facilities totaling ₹48.00 Cr. The upgrade reflects the company's strong operational and financial performance during FY25. This rating enhancement is a positive indicator for Marco, potentially leading to reduced borrowing costs and boosting investor confidence. It also provides the company with greater strategic room for future expansion.
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