credit rating - CRISIL

#1
Gabriel India Limited has informed the Exchange that the credit rating of the long-term bank facilities and fixed deposit programme of the Company has been revised to ''Positive'' from ''Stable'', while reaffirming the ratings at ''CRISIL A+/FAA''. The rating on the Company''s short-term bank facilities and commercial paper programme has been reaffirmed at ''CRISIL A1''.


Taken from
http://www.moneycontrol.com/stocks/stock_market/corp_notices.php?autono=894362

What is the real meaning - whether it is good or bad for the company?

Thanks
Alagar
 
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