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Hindustan Construction Co. Ltd. Receives Credit Rating Upgrade

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Hindustan Construction Co. Ltd. Receives Credit Rating Upgrade

Hindustan Construction Co. Ltd. ( (IN:HCC) ) has shared an update.

Hindustan Construction Company Ltd. announced an upgrade in its credit ratings by CARE Ratings Ltd. for its bank facilities and debentures. The ratings have been improved from CARE BB+; Positive to CARE BBB-; Stable, reflecting a positive outlook on the company’s financial stability and operational performance. This upgrade may enhance the company’s market positioning and stakeholder confidence.

More about Hindustan Construction Co. Ltd.

Hindustan Construction Company Ltd. operates in the construction industry, focusing on infrastructure development, including engineering and construction services. The company is known for its involvement in large-scale projects and has a significant presence in the Indian market.

YTD Price Performance: -34.29%

Average Trading Volume: 2,645,605

Current Market Cap: 45.34B INR

See more insights into HCC stock on TipRanks’ Stock Analysis page.

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