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15-Oct2016

CARE revises ratings assigned to Lux Industries' bank facilities

Credit rating agency, CARE has revised ratings assigned to Lux Industries' long term bank facilities to 'A+' from 'A' and the credit rating agency has also revised ratings assigned to company's short term bank facilities to 'A1+' from  'A1'.

Lux Industries manufactures and sells knitwear in India. The company offers a range of innerwear for men, women, and children. It also exports its products to the Middle East countries.


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