Credit rating agency, India Rating & Research has upgraded Dilip Buildcon’s long-term issuer rating and the long-term rating on its bank facilities to ‘A’ from ‘A-' while resolving the rating watch positive (RWP) and the outlook is stable. The rating agency has also upgraded the short-term rating on the company’s bank facilities to ‘A1’ from ‘A2+’.
Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.
