Infra sector issues most upgraded by rating agencies
Mint Mumbai|October 04, 2023
Rating agencies Crisil Ltd. and India Ratings and Research (Ind-Ra) upgraded over 550 debt ratings and downgraded over 250 during the April-September 2023 period (HI, FY24).
Rhik Kundu
Infra sector issues most upgraded by rating agencies

Infrastructure and linked sectors accounted for a large chunk of the upgrades and export-oriented sectors saw the largest downgrades due to weaker global trade conditions.

Crisil said it made 443 ratings upgrades and 232 downgrades during the six months.

The agency's rating upgrades for the period dipped marginally to 12.70% annually compared with 13.46% annually in the preceding half (H2, FY 23) while its downgrades rose 6.65% annually from 6.14% in H2, FY23.

هذه القصة مأخوذة من طبعة October 04, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 04, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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