Highway Infrastructure Ltd Receives IVR BBB+/Stable Credit Rating from Infomerics
Highway Infrastructure Limited (HIL), an integrated infrastructure development and management company, announced that it has received a credit rating from Infomerics Valuation and Rating Limited. The rating assigns a Long-Term Rating of IVR BBB+/Stable and a Short-Term Rating of IVR A2 for the company's bank loan facilities, which aggregate Rs. 200.88 crore.The ratings underscore HIL's status as a growing infrastructure platform, noting the company's strong order book and sound capital structure. The Stable Outlook further indicates visibility regarding the company's growth over the medium term, driven by ongoing project execution capabilities and its ability to secure new business opportunities.
According to the details provided by Infomerics, the ratings reflect HIL's credibility across its diversified operations in Toll Operations, EPC Infrastructure, and Real estate.
The credit rating information is summarized below:
| Metric | Rating Assigned |
|---|---|
| Long-Term Rating | IVR BBB+/Stable |
| Short-Term Rating | IVR A2 |
| Facility Amount | Rs. 200.88 crore (Bank Loan) |
Arun Kumar Jain, Managing Director of Highway Infrastructure Limited, commented on the development. "We are pleased to receive the IVR BBB+/Stable rating from Infomerics," Mr. Jain stated. "This reflects the strength of our business model, established execution capabilities, and improving financial profile. The rating acknowledges our stronger balance sheet and robust order book across both toll collection and EPC businesses."
Mr. Jain added that the company remains focused on timely execution, efficient working capital management, and strengthening its presence in key infrastructure segments. He noted that with a strong order book and expanding opportunities within India's road and infrastructure sector, HIL is well positioned to create long-term value for all stakeholders.
Highway Infrastructure Limited has been operating as a leading infrastructure development and management company since its incorporation in 2006. The company maintains diversified operations across tollways collection, EPC projects, and real estate, serving customers across 12 states and one Union Territory. Guided by an experienced leadership team, the company leverages advanced technology to ensure efficient toll operations and high-quality project delivery.
HILINFRA Stock Price Movement
Shares of Highway Infrastructure Limited are edging higher to ₹47.51 as of 10:34 AM today, gaining 2.46% in live trading. The stock saw active momentum on the exchange, with a volume of 28,324 shares traded during this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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