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CARE reaffirms ‘BB-’ rating to Melstar Information's long-term bank facilities

27 Aug 2016 Evaluate

Credit rating agency, CARE has reaffirmed ‘BB-’ rating to Melstar Information Technologies’ long-term bank facilities. The rating agency has also assigned ‘A4’ rating to company’s short-term bank facilities.

Melstar Information Technologies is an application development software services company based in Mumbai. It offers application support services, which include ongoing application maintenance and support, integration, enhancement, support of third party applications, legacy system maintenance and support, management of packaged applications, testing and migration projects.

Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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