The latest announcement is out from DLF Limited ( (IN:DLF) ).
DLF Limited announced that CRISIL Ratings Limited has upgraded the credit rating of its subsidiary, DLF Cyber City Developers Limited, for its non-convertible debentures from CRISIL AA+/Stable to CRISIL AAA/Stable. This upgrade reflects the subsidiary’s strong business risk profile, high occupancy levels, and operational scale, alongside an improving financial risk profile expected to sustain in the medium term, which could enhance DLF’s market positioning and stakeholder confidence.
More about DLF Limited
DLF Limited is a prominent player in the real estate industry, primarily engaged in the development and management of commercial and residential properties. The company focuses on creating integrated townships, commercial complexes, and premium residential spaces, with a significant market presence in India.
YTD Price Performance: -15.80%
Average Trading Volume: 90,098
Current Market Cap: 1720.3B INR
For detailed information about DLF stock, go to TipRanks’ Stock Analysis page.