Rating agency, CARE has assigned ‘A’ rating to McNally Bharat Engineering Company’s cumulative redeemable preference shares worth Rs 100 crore.
The company has been assigned the said rating on the back of its long and satisfactory track record, proven project execution capabilities, comfortable order book position and impressive client portfolio, sustained profitability and availability of captive equipment manufacturing facility.
McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc.
