Oudh Sugar share price saw a surge of more than 4 percent in the first hour of today’s trading session.
Oudh Sugar Mills Limited (OSML) is headed by the renowned K. K. Birla Group of Sugar Companies. K.K. Birla Group is a major player in key industries such as fertilizers, chemicals, textiles, shipping etc. apart from sugar. From a modest beginning in the year 1932, OSML has grown to become the pioneer in Sugar Industry. It is one of the largest and rapidly growing companies in the Sugar Industry.
In a BSE filing on 3rd January the company said that the Credit Analysis & Research (CARE) has upgraded and assigned CARE BBB- (Triple B Minus) rating to long-term bank facilities from banks so accepted by the company.
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