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Coastal Corporation credit rating announcements

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18:04 IST NSE
Credit RatingCoastal Corporation Ltd COASTCORP

Coastal Corporation Credit Rating

Coastal Corporation Limited announced that CARE Ratings has reviewed its credit ratings for bank facilities totaling ₹341.78 Crore. The agency assigned 'CARE BB; Stable' for new facilities and reaffirmed the same for existing limits. The rating reflects improved revenue and experienced management, tempered by working capital intensity and geographical concentration risks.

Value
₹341.8 Cr