Action Construction Equipment receives revision in credit ratings

From ICRA

Action Construction Equipment announced that ICRA has revised the long term rating to [ICRA] AA (pronounced ICRA Double A) from [ICRA]AA- (pronounced ICRA Double A Minus) and re-affirmed the short-term rating at [ICRA] A1 + (pronounced ICRA A One Plus). The outlook on the long-term Rating has been revised to Stable from Positive

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