WSPL, the holding company, is principally engaged in retailing and trading of domestic consumer appliances and other light engineering products, besides the manufacturing and assembling of the same.
The ratings take into account consolidated numbers of the wholly owned marketing companies and incorporate that the marketing arrangements, having positive impact on consolidated gross margins, will continue.
The assigned ratings take into account strong brand recognition and considerable market penetration of WSPL into the consumer durable industry of
The ratings take into account extensive experience of senior management. Going forward, the company intends to enhance operations by expanding its market penetration across key product categories.
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