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Eveready Industries hits lower circuit limit on credit ratings downgrade

Updated : April 30, 2019 12:29 PM IST

India Ratings and Research downgrades the company’s long-term rating with ‘negative’ outlook.
The downgrade reflects Eveready’s continued high net leverage, weakened liquidity amid continuous financial support to group firms
Eveready Industries hits lower circuit limit on credit ratings downgrade

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