L&T receives Baa1 rating with stable outlook from Moody's
after close1 source ↓written by the desknot a recommendation
Larsen & Toubro Ltd (L&T) has been assigned a Baa1 long-term issuer rating by Moody's, indicating a strong investment-grade credit profile. The stable outlook reflects L&T's ability to maintain fiscal discipline and healthy operating margins, particularly in high-margin engineering services and EPC projects in West Asia. This rating underscores L&T's financial resilience and prudent management practices.
Not investment advice. For informational purposes only.