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CRISIL believes that the PKPN group will maintain its business risk profile on the back of its established position in the viscose filament yarn industry.
8 March 2010 - Indian credit rating agency CRISIL revised to "stable" from "negative" while keeping the rating at BBB- on the long-term bank facilities of local PKPN Spinning Mills Pvt Ltd.
For arriving at its ratings, CRISIL has combined the business and financial risk profiles of PKPN Spinning and its subsidiaries JPP Mills Pvt Ltd and Arunachala Gounder Textile Mills Pvt Ltd, collectively referred to as the PKPN group.