Emerging Credit Rating Limited (ECRL) has affirmed AA+ (Pronounced as Double A plus) long term credit rating and ST-1 short term credit rating to the Kiam Metal Industries Ltd. The outlook on the rating is Stable. The rating is based on audited financial statements from FY2019 to FY2022 (FYE: June), bank information and other relevant quantitative along with qualitative information till date of rating.