Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra

Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra

Research firm Crisil Ratings on Monday said it expects the net debt-to-EBITDA ratio of domestic steel manufacturers to stay below the level of 2 times in the financial year 2023-24. The steel makers had reported the ratio of net debt to EBITDA in the range of 1.6-1.7 times in preceding financial year (FY) 2022-23, Crisil […]

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