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CARE assigns rating to Sadbhav Engineering’s Commercial Paper

14 Apr 2018 Evaluate

The credit rating agency, CARE has assigned ‘A1’ rating to Sadbhav Engineering’s Commercial Paper worth Rs 55 crore on standalone basis with a maturity not exceeding 30 days.

Sadbhav Engineering is one of the largest BOT developers in the road sector in India with good project execution skills. SEL operates in the four distinct business areas in the infrastructure sector viz. BOT road projects, cash contract-based road projects, irrigation projects and mining.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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