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 3 Fundamentally strong stocks with a high credit rating

 

📍 HCL Technologies 📍

📮 ICRA has reaffirmed its long-term rating [ICRA]AAA (Stable) and short-term rating [ICRA]A1+ to the company in respect of its bank limits during the financial year under review. Fitch has assigned a long-term credit rating of A- with a stable outlook to HCL Technologies. 

📍 Exide Industries 📍

📮 Exide Industries has a credit score of A1+ on its short-term debt instrument (Commercial papers) and AAA on its long-term banking facility (Fund based and Non-fund based facility) from ICRA. 

📍 Tata Steel 📍

📮 Moody’s has a corporate family rating of Ba1 with a positive outlook, while Standard & Poor’s has a long-term corporate credit rating of BBB- with a positive outlook.

📈 @indian_stock_share_market
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