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CRISIL reaffirms rating assigned to Action Construction's long term bank facilities

20 Nov 2018 Evaluate

Credit rating agency, CRISIL has reaffirmed rating assigned to Action Construction Equipment’s long term bank facilities at ‘A+/Stable’ and upgraded the rating on the Short term bank facility and commercial paper programme at ‘A1+’ from ‘A1’.

Action Construction Equipment is the leading mobile crane manufacturing company in India.

Peers
Company Name CMP
BEML 1935.75
Action Const. Equip 1154.90
Sanghvi Movers 350.55
TIL 231.00
Brady & Morris Engg. 635.00
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