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Chalet Hotels Ltd. ( (IN:CHALET) ) has shared an announcement.
Chalet Hotels Limited announced that it has received a credit rating assignment from ICRA Limited for its various debt instruments and bank facilities. The ratings, which include an AA- with a stable outlook for long-term instruments and an A1+ for short-term instruments, reflect the company’s strong financial position and operational stability. This credit rating is likely to enhance Chalet Hotels’ credibility in the financial markets, potentially impacting its borrowing costs and investment attractiveness.
More about Chalet Hotels Ltd.
Chalet Hotels Limited operates in the hospitality industry, focusing on the development, ownership, and management of high-end hotels in key metro cities across India. The company is known for its premium hotel properties that cater to business and leisure travelers, positioning itself as a prominent player in the luxury hospitality sector.
Average Trading Volume: 14,431
Technical Sentiment Signal: Buy
Current Market Cap: 196.2B INR
See more insights into CHALET stock on TipRanks’ Stock Analysis page.