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CARE reaffirms ratings of ITD Cementation India’s bank facilities

24 Nov 2015 Evaluate

Credit rating agency, CARE has reaffirmed ‘A-’ rating to ITD Cementation India’s Fund Based LT- Cash Credit worth Rs 800 crore and ‘A-‘rating to the company’s Fund Based LT- Term loan worth Rs 100 crore. The rating agency has also reaffirmed ‘A1’ rating to the company’s Non Fund Based – ST-LC/BG worth Rs 3000 crore.

ITD Cementation India is a leading civil engineering, contracting and construction organization providing integrated design, engineering, procurement and construction services, for over eight decades, for infrastructure development projects in India.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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