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From THE HINDU group of publications Sunday, April 23, 2000 |
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ICRA upgrades Tata Metaliks debenture scheme
ICRA has upgraded the LBBB- rating assigned to the debenture programme of Tata Metaliks. The upgrade reflects the improving outlook in the iron and steel industry, the expected increase in profitability in 1999-2000, gradual improvement in its operating parameters and better capital management.
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