CRISIL has reaffirmed 'A1+' ratings on the short-term bank facilities of Sasken Communication Technologies (Sasken; part of the Sasken group) continues to be supported by the Sasken group's healthy financial risk profile, marked by adequate liquid surpluses and a strong capital structure, and the group's moderate operating capabilities.

These rating strengths are partially offset by moderation in the group's revenues from the peak levels in 2008-09 (refers to financial year, April 1 to March 31) and its susceptibility to intense business competition.

For arriving at its rating, CRISIL has combined the business and financial risk profiles of Sasken and Sasken's subsidiaries, Sasken Network Engineering (including its 100% subsidiary, Sasken Network Solutions Inc); Sasken Communications Technologies Mexico SA de CV; Sasken Communication Technologies (Shanghai), China; Sasken Inc, USA; and Sasken Finland Oy); and its joint venture ConnectM Technology Solutions. This is because all these companies, collectively referred to as the Sasken group, are in the same line of business and have considerable operational linkages and fungible cash flows.

Shares of the company gained Rs 0.2, or 0.1%, to settle at Rs 196.65. The total volume of shares traded was 62,116 at the BSE (Thursday).