Utssav CZ Gold Jewels Ltd.'s long-term bank facilities (₹1.66 Cr & ₹247 Cr) have been upgraded to CARE BBB+; Stable by CARE Ratings Limited.

The short-term rating for the ₹247 Cr facility is reaffirmed at CARE A3+. This upgrade reflects significant improvement in operations, boosted by growing sales volume and healthy profitability.