HALISTER1: INDIA RATINGS: Durga Projects Upgraded to BB+

INDIA RATINGS: Durga Projects Upgraded to BB+

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADE
  • Durga Projects
    • Term loan raised to BB+ from BB at ICRA
    • Cites healthy bookings and customer advances with satisfactory construction progress in its ongoing residential project
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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