Announced Tue, 28 Jul · 10:27 IST
Highway Infrastructure Gets IVR BBB+/Stable Credit Rating from Infomerics
Compliance View source PDF
HILINFRA · price
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Price reaction · full curve
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AI summary
Highway Infrastructure Limited received a long-term rating of IVR BBB+ with stable outlook and short-term rating of IVR A2 from Infomerics for bank loan facilities of about Rs. 200.88 crore. The rating reflects the company's credibility, sound capital structure, and strong order book across toll operations, EPC infrastructure, and real estate. Operating across 12 states, HIL is positioned for growth in India's infrastructure sector.
Likely market impact
Positive credit rating signals financial strength and may ease borrowing costs. Stable outlook suggests steady growth visibility for shareholders.