Inducto Steel Limited announced that Acuité Ratings & Research has reaffirmed its 'ACUITE BB+' rating with a 'Stable' outlook for long-term bank facilities amounting to 20.00 Cr.

Short-term bank facilities totaling 80.00 Cr also saw their rating reaffirmed at 'ACUITE A4+'. This rating reflects the company's established presence and improved operating revenues, though profitability moderated in the last fiscal year due to steel price trends and increased trading sales.

Financial risk remains moderate, with adequate liquidity.

The company's operations are sensitive to ship availability and volatile steel prices, key factors for investors to monitor.