N.R.AGARWAL INDUSTRIES LTD. - Credit Rating

NR Agarwal Industries Ltd has informed BSE that India Rating and Research Private Limited (India's Most Respected Credit Rating and Research Agency) wide their letter dated July 15, 2014 has upgraded the long term issuer rating of N R Agarwal Industries Limited to 'IND B- from IND D' and also predicted outlook as 'Stable.