The company’s strong market position as a leading global engineering and construction firm, combined with above-average profitability and solid revenue visibility, is reflected in its ratings. The credit rating agency noted that the stable outlook indicates the company will maintain comfortable leverage, supported by sustained EBITDA growth and prudent financial management, despite higher growth investments.
Minority investors show less dissent as cos hear them out
Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased
November 15, 2024