PSP Projects faces credit rating downgrade by CARE
pre-market1 source ↓written by the desknot a recommendation
- banking facilities totaling
- ₹1,547 cr
CARE Ratings has downgraded PSP Projects' short-term bank facilities rating from CARE A1+ to CARE A1, while reaffirming the long-term rating at CARE A+ with a stable outlook. The review covered banking facilities totaling ₹1,547 cr, indicating mixed outcomes for the company's credit profile. This downgrade may impact investor sentiment in the near term.
Not investment advice. For informational purposes only.