Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Infrastructure

Sadbhav Infra stock reels after CARE Ratings downgrade, management hopeful of finding resolution

Updated : June 28, 2019 01:34 PM IST

Shares of Sadbhav Infrastructure Project (SIPL) declined over 18 percent on Friday.
CARE revised the rating factoring in overdue for debt servicing owing to poor liquidity and debt coverage indicators.
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