TEXT-Fitch affirms QH Talbros at 'Fitch BBB(ind)'

Newswire

(The following statement was released by the rating agency) Nov 24- Fitch Ratings has today affirmed India's QH Talbros Limited's (QHT) National Long-term Rating at 'Fitch BBB(ind)', and simultaneously revised the Outlook to Positive from Stable. A complete list of ratings is provided at the end of this commentary. The revision in Outlook reflects the improved financial profile resulting from lower debt levels and stable operating profitability, which has brought about a significant ...

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