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ICRA upgrades Hindustan Aeronautics’ long term rating to ‘AAA’

14 Jan 2022 Evaluate

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.

Peers
Company Name CMP
Hindustan Aeronaut. 4595.00
Bharat Electronics 380.80
Aequs 273.30
Astra Microwave Prod 1620.50
Axiscades Tech. 2290.00
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