Safari Industries (India) Ltd

(Bheeshma Sanghani) #44

Hi @mmvravindra

The latest rating is available on BSE announcements page from CRISIL. I guess it moved to CRISIL from India ratings.


(Ravindra Mutyala) #45

Crisil highlighted the risks regarding import raw material prices,

is there any index to track the raw material prices?

Also, recently I heard that ban on imported scrap (plastic and paper etc.) due to environmental concerns by China govt may lead to increase in the raw material prices


While manufacturers are trying to make (push) better / customer oriented products, there will be some resistance to change from others in the value chain who doesn’t seem to benefit currently from it.

On one hand there is news about:

On the other hand: