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Thermax Limited — Credit Ratings, 13-01-2026: Credit Rating- New
13-01-2026 | 12:45 pm
13-01-2026 | 12:45 pm
CareEdge Ratings has assigned THERMAX LIMITED a 'CARE A1+' credit rating for its Commercial Papers. This reflects Thermax's strong market position, diversified portfolio, and robust financial profile with low leverage and strong liquidity. Healthy operating growth and improved profit margins further supported the rating.
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