HG Infra Engineering Credit Rating
CARE Ratings reaffirmed H.G. Infra Engineering's long-term bank facilities rating at CARE AA; Negative. The outlook was revised from stable to negative.
- Value
- ₹140.0 Cr
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CARE Ratings reaffirmed H.G. Infra Engineering's long-term bank facilities rating at CARE AA; Negative. The outlook was revised from stable to negative.
H.G. Infra Engineering Ltd received a credit rating update from ICRA, reaffirming ratings across various facilities with the outlook revised to stable.
H.G. Infra Engineering Limited received a credit rating update from ICRA Limited for total facilities worth ₹5,600 Crore. ICRA reaffirmed [ICRA]AA-(Positive) and [ICRA]A1+ ratings and assigned them to enhanced amounts. This reaffirmation and positive outlook signal strong creditworthiness and operational stability.
CARE Ratings has reaffirmed the 'CARE AA; Stable' rating for H.G. Infra Engineering Limited's long-term bank facilities. The rated amount has been revised to ₹140.00 crore from ₹200.00 crore. This reaffirmation signals continued creditworthiness and financial stability for the infrastructure company.