India, July 28 -- Highway Infrastructure Limited (HIL) has received a Long-Term credit rating of IVR BBB+/Stable and a Short-Term rating of IVR A2 from Infomerics Valuation and Rating Limited for its bank loan facilities aggregating Rs. 200.88 crore.
The rating reflects the company's strong business fundamentals, supported by a healthy capital structure, robust order book, and established capabilities across toll operations, EPC infrastructure, and real estate. The Stable outlook indicates positive growth prospects, backed by ongoing project execution and a healthy pipeline of new orders.
Commenting on the development, Managing Director Arun Kumar Jain said the rating recognizes HIL's strong execution capabilities, improving financial pro...