Credit rating agency, ICRA has reaffirmed the long term rating of Sanghvi Movers for Line of Credit at ‘A’. The rating agency has also reaffirmed the short term rating of the company for letter of credit at ‘A1’. Besides, the outlook on the long term rating is negative.
Sanghvi Movers caters various sectors such as wind power, steel, power, refinery, cement, metals, construction and paper.