AVP Infracon Receives Positive Credit Rating from Acuité Ratings
Mumbai (Maharashtra) [India], January 30: AVP Infracon Limited (NSE -AVPINFRA), one of the leading infrastructure development companies, has been assigned a long-term rating of ‘ACUITE BBB’ with a ‘Stable’ outlook and a short-term rating of ‘ACUITE A3+’ by Acuité Ratings & Research Limited for its bank facilities amounting to ₹107 Cr. The rating reflects company’s strong [...]
Mumbai (Maharashtra) [India], January 30: AVP Infracon Limited (NSE -AVPINFRA), one of the leading infrastructure development companies, has been assigned a long-term rating of ‘ACUITE BBB’ with a ‘Stable’ outlook and a short-term rating of ‘ACUITE A3+’ by Acuité Ratings & Research Limited for its bank facilities amounting to ₹107 Cr.
The rating reflects company’s strong operational track record, experienced leadership, and consistent business growth. The company has built a solid reputation in the infrastructure sector, specializing in the construction of expressways, highways, bridges, and flyovers. With a strong order book, healthy profitability margins, and a strong financial risk profile, the company is well-positioned for sustainable growth.