business

Patel Engineering Credit Rating Upgraded by Infomerics, Reflecting Strong Financial Profile

By Swapna Mallik

Mumbai, June 3: Patel Engineering Limited  infrastructure and construction company, is pleased to announce that Infomerics Ratings has upgraded the company’s credit ratings, reflecting the company’s strong financial performance, improved liquidity profile, and robust business fundamentals. The long-term rating has been upgraded from A- to A, while the short-term rating has been upgraded from A2+ to A1. This upgrade highlights...