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CRISIL downgrades long-term rating of Ramky Infrastructure to ‘A-/Negative’

22 Jan 2013 Evaluate

Credit rating agency, CRISIL has revised the ratings assigned to the bank facilities of Ramky Infrastructure. The credit rating agency has downgraded the long-term rating of the company from ‘A+/Negative’ to ‘A-/Negative’. Besides, the agency has also downgraded the short-term rating of the company from ‘A1’ to ‘A2+’.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India./

Peers
Company Name CMP
Larsen & Toubro 3936.55
Kalpataru Projects 1349.20
NCC 118.35
Rail Vikas Nigam 187.25
KEC International 347.05
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