MoneyWorks4Me

CARE assigns ‘AA+; Stable’ rating to BHEL’s long term fund based bank facilities

17 May 2017 Evaluate

Credit rating agency, CARE Ratings has assigned rating of ‘AA+; Stable’ to long term fund based bank facilities of Bharat Heavy Electricals (BHEL). The rating agency has also assigned ‘AA+; Stable/ A1+’ rating to the company’s long & short term non-fund based bank facilities.

BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

Peers
Company Name CMP
Bharat Heavy Elect. 434.00
Thermax 3550.45
Kirloskar Industries 3695.90
Skipper 565.95
INDO-MIM 1057.85
View more..