Prism Cement's credit metrics seen improving from FY15

Prism Cement's credit metrics seen improving from FY15
Published: 04 December 2013


India-based cement producer Prism Cement Ltd is expected to see an improvement in credit metrics from FY15 on the back of an overall improvement in operating efficiency and an absence of any debt-led capex, according to a recent note by India Ratings. It has assigned Prism Cement Limited (PCL) a Long-Term Issuer Rating of 'IND A-'. The Outlook is Stable.

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