Mumbai (Maharashtra) [India], November 4: Infomerics Valuation and Ratings Pvt. Ltd. has revised the outlook of Globe Civil Projects Limited’s long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been reaffirmed
The revision reflects the company’s strengthened capital structure post its ₹119 crore IPO, improved profitability, and a robust order book of ₹1,001 crore, providing healthy revenue…

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