Credit rating agency -- ICRA has upgraded the long term rating of Hindustan Aeronautics to ‘AAA’ from ‘AA+’. The agency has also revised outlook to stable from positive.
Hindustan Aeronautics is Bengaluru based Defence Public Sector Undertakings (DPSU) Company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.