Dilip Buildcon Limited

Dilip Buildcon has informed the stock exchanges that India Rating & Research has upgraded the company’s long-term issuer rating and the long-term rating on its bank facilities to ‘IND A’ from ‘IND A-' while resolving the rating watch positive (RWP). The outlook is stable. The agency has also upgraded the short-term rating on DBL's bank facilities to ‘IND A1’ from ‘IND A2+'. The stock traded flat on the BSE to close at ₹221; on the NSE is added 0.6 per cent to close at ₹222.9.