Does good credit rating matter ? Yes they do . One of my favorite stock CRISIL is in this business. A company with good credit rating can borrow money for less interest rates. Higher the credit rating , lower the interest rates.
In this case Credit rating agency has assigned `CARE A+` [Single A (Plus)] rating to the proposed Non-Convertible Debentures (NCDs) aggregating Rs 1 billion of Era Infra Engineering (EIEL).
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