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IRB Infrastructure Developers Limited ( (IN:IRB) ) has shared an update.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating of IRB Infrastructure Developers Limited at ‘BB+’, maintaining a stable outlook. This affirmation, which also applies to the company’s US-dollar senior secured notes, suggests confidence in IRB’s financial stability and operational performance, potentially reassuring investors and stakeholders about the company’s future prospects.
More about IRB Infrastructure Developers Limited
IRB Infrastructure Developers Limited operates in the infrastructure sector, focusing primarily on the development and management of road and highway projects. The company is a prominent player in the Indian market, known for its extensive portfolio of build-operate-transfer (BOT) road projects.
Average Trading Volume: 860,327
Technical Sentiment Signal: Hold
Current Market Cap: 253B INR
For detailed information about IRB stock, go to TipRanks’ Stock Analysis page.