Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Dr Divya Patidar Joshi Mrs Universe Central Asia Bags Crowns and Title with Woman Mrs Universe Inspiration Award Lifestyle
  • “Inder Shahu’s Decade of Experience in Film Industry Leads to Expansion into Indo-Canadian Projects” Entertainment
  • Wolf Moon Collection: A Fusion of Opulence and Empowerment by Queens Drive Club and Opalina Jewellery Business
  • Why is BYO better than OYO & Fabhotels? Business
  • HaveUs AeroTech acquires land parcel in Kolkata as the company continues MRO expansion spree Business
  • Heritage Cyberworld organises cyber crime awareness seminar in Anand Niketan Maninagar Business
  • Building Global Resilience: A Call to Action by Dr. Walter L. Christman Released on UN Tolerance Day World
  • Powering Indian industries: Shri Ank Enterprise’s High-Quality Hydraulic Solutions Business

Utssav CZ Gold Jewels Limited Assigned Credit Ratings By Care Edge Ratings

Posted on October 3, 2025 By

Mumbai (Maharashtra) [India], October 3: Utssav CZ Gold Jewels Limited(Utssav, The Company), (NSE Code: UTSSAV) one of the leading manufacturers of 18K, 20K, and 22K CZ gold jewellery, plain casting jewellery in 22K, paper casting jewellery in 22K, natural diamond jewellery, and lab-grown diamond jewellery in 18K, has been assigned credit ratings by Care Edge Ratings for its bank facilities.

• Long Term Bank Facilities – CARE BBB; Stable (₹2 Cr)

• Short Term Bank Facilities – CARE A3+ (₹147 Cr)

The ratings reflect the company’s strong fundamentals and highlight its financial discipline and business stability. Care Edge Ratings has factored in the promoter’s extensive experience in the gold jewellery industry, the company’s strong capital structure with healthy debt coverage indicators, its growing scale of operations with moderate profitability, and an adequate liquidity profile.

These ratings reaffirm The Company’s potential for sustained growth and further strengthen stakeholder confidence in the company’s market position.

Earlier, the company’s credit ratings were assigned by Infomerics Ratings. These ratings have now been withdrawn after Utssav provided the required no-objection document, which was duly acknowledged by its bankers and submitted to Infomerics on time.

Commenting on the achievement, Mr. Pankajkumar Jagawat, Managing Director of Utssav CZ Gold Jewels Limited said, “We are pleased with the ratings assigned by Care Edge Ratings, which reflect our strong fundamentals and disciplined financial management. These ratings are an important endorsement of our efforts to consistently strengthen our financial stability, improve operational performance, and scale our business with efficiency.

At Utssav, we remain committed to creating value through sustainable growth and operational excellence. The recognition also enhances the confidence of our banking partners and investors, and further motivates us to deliver on our long-term vision.”

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Business Tags:Business

Post navigation

Previous Post: ‘Bachu Ni Benpani’ — Gujarati Comedy-Drama that Flies High (With a Few Turbulences)

Related Posts

  • Dishman Carbogen Amcis Net Revenue stands at Rs. 541 Crores for Q1 FY23 Business
  • Prem Kumar- A rags to riches story Business
  • Nex News Network covers the successful 2nd Edition of MAG World Expo on Feb 15th for Mobiles, Accessories & Gadgets Industry! Business
  • Apna Vikas: A.I.-Based Mentor & Coach To Manage People And Their Perspectives Business
  • The Good Act – Walkathon 2023 was organized to spread awareness about Cancer by GSI & TFMC Business
  • Revolutionize your hair growth journey with the Latest Hair Booster technology Business

Recent Posts

  • Utssav CZ Gold Jewels Limited Assigned Credit Ratings By Care Edge Ratings
  • ‘Bachu Ni Benpani’ — Gujarati Comedy-Drama that Flies High (With a Few Turbulences)
  • Centre for Scientific Outreach (CSO) announces the launch of the National Aviation Olympiad (NAO) 2026
  • Kajal Aggarwal Graced the Inauguration of Hair Masters’ New Luxury Salon in Ashiyana, Lucknow
  • Best Car Rental in Goa Airport: Your Complete Guide to Self-Drive Freedom

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Ellixee: A New Luxury yet Affordable Skincare Brand Business
  • PM Mitra Textile Parks will pave way for export target of USD 100 Bn by 2030: TEXPROCIL Chief Business
  • Go Free launches E-Cycles as the next generation transport Business
  • NDA’s Electoral Dynamics in India under MODI 3.0 National
  • OuchCart’s Remarkable Growth, From 3 Crores in FY23 to 10 Crores in FY24, Aims for 30 Crores in FY25 Business
  • Ride on MERCEDES EQS with HYPE!! Business
  • Government of Sikkim Announces Completion of Two School Buildings for 200 Students in Namcheybong Press Release
  • Buy Authentic Gemstones & Rudraksha: Find Success with Kalyanastrogems Lifestyle

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme