Hot Pursuit     26-Dec-24
CRISIL Ratings assigns 'AA-' corporate credit rating with 'stable' outlook to Eureka Forbes
Eureka Forbes (EFL) said that CRISIL Ratings has assigned its 'CRISIL AA-/Stable’ corporate credit rating to the company.

CRISIL Ratings stated that the rating reflects the group's leading position in domestic health & hygiene segment, established marketing network, healthy financial profile and efficient working capital cycle and healthy operating cash flows.

These strengths are partially offset by its intense competition in the consumer durables sector in India.

Eureka Forbes along with its subsidiaries & step-down subsidiaries is engaged in manufacturing, selling, renting & servicing vacuum cleaners, water filters cum purifiers, air purifier, etc. The group market its water purifiers under the brand name 'Aquaguard’, vacuum cleaners under the brand 'Euroclean’ and air purification system under the brand 'Euroair’.

Previous News
  Benchmarks hover near flat line; realty shares down for 2nd day
 ( Market Commentary - Mid-Session 26-Dec-24   14:34 )
  Eureka Forbes schedules AGM
 ( Corporate News - 19-Sep-22   18:04 )
  Eureka Forbes consolidated net profit rises 346.64% in the March 2023 quarter
 ( Results - Announcements 29-May-23   17:17 )
  Eureka Forbes appoints Pratik Pota as MD & CEO
 ( Hot Pursuit - 12-Jul-22   08:51 )
  Eureka Forbes lists its shares on NSE
 ( Corporate News - 11-Sep-24   13:10 )
  Eureka Forbes grants 1.35 cr stock options under ESOP
 ( Corporate News - 30-May-23   15:31 )
  Jindal Stainless Ltd leads losers in 'A' group
 ( Hot Pursuit - 12-Apr-23   15:00 )
  Eureka Forbes receives ratings action from CRISIL
 ( Corporate News - 26-Dec-24   12:56 )
  Eureka Forbes schedules AGM
 ( Corporate News - 01-Dec-22   12:34 )
  Marzin R. Shroff resigns as MD and CEO of Eureka Forbes
 ( Corporate News - 21-Jun-22   09:42 )
  Volumes jump at MMTC Ltd counter
 ( Hot Pursuit - 12-Oct-23   11:00 )
Other Stories
  Kamat Hotels Q4 PAT surges 412% YoY to Rs 11 cr
  26-Apr-25   16:21
  Bank of Maharashtra Q4 PAT climbs 23% YoY to Rs 1,493 crore
  26-Apr-25   15:34
  Oracle Financial Services Software Q4 PAT up 19% QoQ
  26-Apr-25   14:28
  Force Motors Q4 PAT surges 210% YoY to Rs 435 cr; declares dividend of Rs 40/sh
  26-Apr-25   14:02
  L&T Finance Q4 PAT rises 15% YoY to Rs 636 crore
  26-Apr-25   13:31
  RBL Bank PAT drops 81% YoY to Rs 69 crore in Q4 FY25; provisions zoom by 90% YoY
  26-Apr-25   12:12
  Tejas Networks reports dismal Q4 outcome
  26-Apr-25   11:54
  Zydus Life gets 6 observations from USFDA for API plant
  26-Apr-25   11:02
  RIL Q4 PAT rises 6.4% YoY
  26-Apr-25   10:05
  Tata Technologies Q4 PAT climbs 12% QoQ to Rs 189 cr
  25-Apr-25   17:34
Back Top