Two companies that are listed on the capital market have had their credit ratings completed. The Dhaka Stock Exchange is the source of this information.

Shepherd Industries Plc and Argon Denims Limited are the names of the companies.

Sources claim that Alpha Credit Rating Ltd. evaluated Shepherd Industries’ credit rating. The company is rated ‘BBB-‘ for the long term and ‘ST-3′ for the short term. Based on the company’s audited financial report through June 30, 2024, and ancillary data through December 18, this rating has been established.

Credit Rating Information and Services Limited has evaluated Argon Denims’ credit rating (CRISL). The company is rated ‘AA-‘ for the long term and ‘ST-3’ for the short term. The audited financial statements as of June 30, 2024, the unaudited financial statements as of September 30, 2024, and other pertinent quantitative and qualitative data are the foundation for the rating of the company.