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CARE revises A2ZMaintenance & Engineering Services’ ratings of CP issue

30 Aug 2012 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has revised the credit ratings of A2ZMaintenance & Engineering Services’ outstanding commercial paper (CP) issue of Rs 25.0 crore to A2 from A1.

A2ZMaintenance & Engineering Services engaged in providing services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company is diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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