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Brigade Enterprises’ Credit Rating Outlook Upgraded to Positive by CRISIL

Story Highlights
  • Brigade Enterprises operates in real estate, focusing on residential, commercial, and hospitality projects.
  • CRISIL reaffirmed Brigade’s credit rating, upgrading the outlook from ‘Stable’ to ‘Positive’.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Brigade Enterprises Limited ( (IN:BRIGADE) ) just unveiled an update.

Brigade Enterprises Limited announced that CRISIL Ratings has reaffirmed its long-term credit rating for a bank loan facility of Rs. 350 crores, with an improved outlook from ‘Stable’ to ‘Positive’. This change in outlook signifies a positive shift in the company’s financial stability and prospects, potentially enhancing its market position and stakeholder confidence.

More about Brigade Enterprises Limited

Brigade Enterprises Limited operates in the real estate industry, focusing on the development of residential, commercial, and hospitality projects. The company is known for its extensive portfolio of properties, primarily catering to the Indian market.

YTD Price Performance: -19.72%

Average Trading Volume: 32,722

Current Market Cap: 242.7B INR

For a thorough assessment of BRIGADE stock, go to TipRanks’ Stock Analysis page.

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