Industry confidence hit all-time low during April-June quarter: Care Ratings

Industry confidence hit all-time low during April-June quarter: Care Ratings

The CICI hit a nine-quarter low of 58 out of 200, continuing a largely declining trend since its inception during the first quarter of FY19 when it recorded a score of 119. The quarterly index evaluates 47 industries based on six parameters covering financial performance, creditworthiness and outlook.

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