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CARE upgrades rating of Man Infraconstruction’s bank facilities

08 Dec 2017 Evaluate

Credit rating agency, CARE has upgraded rating of Man Infraconstruction’s long term bank facilities worth Rs 32.50 crore to ‘A-’ from ‘BBB+’. The rating agency has also upgraded rating of the company’s long/short term bank facilities worth Rs 188.18 crore to ‘A-’/’A2+’ from ‘BBB+’/’A2’.

Man Infraconstruction is a construction company with over 5 decades of experience in providing construction services for Port infrastructure, Residential, Industrial, Commercial and Road infrastructure Projects.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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