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Ashoka Buildcon Limited ( (IN:ASHOKA) ) has shared an announcement.
CARE Ratings has reaffirmed Ashoka Buildcon Limited’s credit ratings for both its long-term and short-term debt, maintaining them at ‘CARE AA-’ and ‘CARE A1+’ respectively, each under Rating Watch with Positive Implications. The reaffirmation and positive watch signal continued confidence in the company’s credit profile and prospects, which may support its borrowing capacity and financing costs as it pursues ongoing and future infrastructure projects.
More about Ashoka Buildcon Limited
Ashoka Buildcon Limited is an Indian infrastructure and construction company based in Nashik, Maharashtra, operating primarily in the engineering, procurement and construction (EPC) segment for roads, highways and related infrastructure projects. Its securities, including equity shares, commercial papers and non-convertible debentures, are listed on both BSE and the National Stock Exchange of India, giving it access to capital markets for long-term and short-term funding.
Average Trading Volume: 87,107
Technical Sentiment Signal: Hold
Current Market Cap: 45.52B INR
Find detailed analytics on ASHOKA stock on TipRanks’ Stock Analysis page.