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Date | 10/8/2024 10:07:00 AM |
The rating assignment of 'IND BBB'/Stable to Star Agriwarehousing and Collateral Management's bank facilities reflects the company's adequate financial stability and moderate risk profile. The 'BBB' rating signifies a moderate level of safety for timely payment of financial obligations, although it may be more vulnerable to adverse economic conditions. The stable outlook indicates that no major fluctuations in the company’s financial situation are expected in the near future. Star Agriwarehousing, a key player in warehousing, supply chain, and collateral management services, continues to maintain a solid operational footing, supported by its expertise in agricultural value chains.
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