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Ind-Ra upgrades rating assigned to IRB Infra’s bank facilities

09 Oct 2017 Evaluate

Credit rating agency, India Ratings and Research (Ind-Ra) has upgraded IRB Infrastructure Developers’ long term rating from ‘A-’ to ‘A+’. The ratings agency has also upgraded the short term rating of the company from ‘A1’ to ‘A1+’. 

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

Peers
Company Name CMP
Larsen & Toubro 3805.00
Kalpataru Projects 1329.85
NCC 116.70
Rail Vikas Nigam 184.05
KEC International 338.00
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