MoneyWorks4Me

CARE revises rating assigned to Welspun Enterprises’ long term bank facilities

03 Apr 2018 Evaluate

Credit rating agency, CARE has revised rating assigned to Welspun Enterprises’ long term bank facility from ‘A+’ to ‘AA-’ worth Rs 65 crore. Short-Term rating assigned to the company has been kept unchanged at ‘A1+’ worth Rs 360 crore. 

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.

Peers
Company Name CMP
Larsen & Toubro 3872.00
Kalpataru Projects 1406.95
NCC 133.90
Rail Vikas Nigam 208.20
KEC International 397.40
View more..