Epic Update : Shree Cement

Shree Cement’s Rs 50 crore worth Short term debt (series II). The ratings continues to draw comfort from rich experience of the promoters and qualified  managerial team, strong brand image, operational efficiency due to backward integration  (limestone & power), improved performance of the cement unit, strong financial risk profile  marked by satisfactory profitability & low leverage, sizeable portfolio of surplus liquids funds and high energy efficient plants earning carbon credit.

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