CareEdge upgraded credit ratings of Bharat Wire Ropes says– Company is doing debottlenecking capex of 50 cr which will increase capacity utilization– The company also received subsidy worth ₹40 crore in FY24 and ₹14 crore in the current year, 50% of which, has been utilised towards prepayments of the term loans (per resolution plan).– As of March 31, 2024, the company has a total PSI subsidy receivable of around ₹95 crore FinancialNews #StockMarket #Trading CareEdge upgraded credit ratings of Bharat Wire Ropes says– Company is doing debottlenecking capex of 50 cr which will increase capacity utilization– The company also received subsidy worth ₹40 crore in FY24 and ₹14 crore in the current year, 50% of which, has been utilised towards prepayments of the term loans (per resolution plan).– As of March 31, 2024, the company has a total PSI subsidy receivable of around ₹95 crore FinancialNews #StockMarket #Trading
CareEdge upgraded credit ratings of Bharat Wire Ropes says
– Company is doing debottlenecking capex of 50 cr which will increase capacity utilization
– The company also received subsidy worth ₹40 crore in FY24
and ₹14 crore in the current year, 50% of which, has been utilised towards prepayments of the term loans (per resolution plan).
– As of March 31, 2024, the company has a total PSI subsidy receivable of around ₹95 crore FinancialNews #StockMarket #Trading CareEdge upgraded credit ratings of Bharat Wire Ropes says
– Company is doing debottlenecking capex of 50 cr which will increase capacity utilization
– The company also received subsidy worth ₹40 crore in FY24
and ₹14 crore in the current year, 50% of which, has been utilised towards prepayments of the term loans (per resolution plan).
– As of March 31, 2024, the company has a total PSI subsidy receivable of around ₹95 crore FinancialNews #StockMarket #Trading
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