Secures Moody’s ‘Baa1’ Rating - Larsen & Toubro Ltd
Code BSE: 500510 NSE: LT
Larsen & Toubro Secures Moody’s ‘Baa1’ Rating
The ‘Baa1’ rating signifies a quality investment-grade credit profile, reflecting strong capacity to meet financial commitments and a low level of credit risk. It also underscores L&T’s prudent financial management and consistent operational performance.
Notably, this premium rating stands two notches above India’s sovereign rating of ‘Baa3’, positioning L&T among an exclusive group of Indian multinational corporates evaluated stronger than the country’s sovereign rating.
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