The rating upgrade is driven by an improvement in the liquidity position of the company. Acuité has upgraded and placed its short-term rating of ‘ACUITE A2+’ from ‘ACUITE A2 on the Rs200cr Commercial Paper Programme of Sterling & Wilson Solar Limited (SWSL) on ‘Rating watch with developing implications’. According to the rationale report, the rating […]
Acuite said that the downward revision in the rating is driven by the ongoing challenges faced by SWSL in maintaining adequate liquidity buffers. Acuité has downgraded its short-term rating to ‘ACUITE A2’ from ‘AUITE A1+ on the Rs200cr Commercial Paper Programme of Sterling and Wilson Solar Limited (SWSL). In its rationale rating, Acuite said that […]