From India Ratings and Research
Bharat Heavy Electricals has received revision in credit ratings from India Ratings and Research as under -Fund based working capital - IND AA+/ Negative / IND A1+ (affirmed; outlook revised to Negative from Stable)
Non fund based working capital - IND AA+/ Negative / IND A1+ (affirmed; outlook revised to Negative from Stable)
Commercial paper up to 365 days - IND A1+ (affirmed)
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