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The debt rating of Sanwaria Consumer for long-term instruments (₹1,147 crore) has been upgraded by SMERA Ratings to BBB+ from BBB and for short-term instruments (₹310 crore) to A2 from A3. In a recent report, SMERA upgraded these instruments on the basis of improved financials of the company for the half-year ended September 30, 2017. Shares of Sanwaria Consumer jumped 4.97 per cent at ₹21.77 on the BSE.
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