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SMERA upgrades ratings assigned to SPML Infra’s bank loan facilities

10 Apr 2018 Evaluate

SMERA rating agency, has upgraded rating assigned to SPML Infra’s long term bank loan facilities to ‘BBB-’ from ‘BB+’. The credit rating agency has also upgraded rating assigned to the company’s short term bank loan facilities to ‘A3’ from ‘A4+’.

SPML Infra is a single source solution provider for various multi-disciplinary engineering and infrastructure services from conceptualization to maintenance in water, power, environment and infrastructure projects.

Peers
Company Name CMP
Larsen & Toubro 4139.00
Kalpataru Projects 1346.45
NCC 134.50
Rail Vikas Nigam 199.45
KEC International 333.55
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