Capacite Infraprojects Limited has informed the Exchange about Credit Rating- New
CAPACITE · price
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Infomerics Valuation and Rating Limited has upgraded the credit ratings for Capacit'e Infraprojects Limited across all categories. The Long Term Rating was upgraded from BBB/ Stable to BBB+/ Stable, while the Short Term Rating was upgraded from A3+ to A2. The rating for Non-convertible Debentures was also upgraded from BBB/ Stable to BBB+/ Stable. The total rated bank loan facilities and NCDs amount to ₹2,288.22 crore. This upgrade applies to the company's bank facilities and NCDs, indicating improved creditworthiness.
The rating upgrade signals stronger financial health and improved debt servicing capability, which could lower borrowing costs and boost investor confidence in the company's creditworthiness.