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An announcement from Emami Realty Limited ( (IN:EMAMIREAL) ) is now available.
Emami Realty Limited announced that India Ratings and Research has affirmed the company’s long-term bank loan facilities rating at ‘IND A-/Stable’ while noting a reduction in the rated loan size to INR 3,650 million from INR 4,100 million. The affirmation of the A- rating with a stable outlook signals continued confidence from the rating agency in Emami Realty’s credit profile, supporting the company’s access to bank financing and potentially reinforcing its standing with lenders and investors in the real estate sector.
More about Emami Realty Limited
Emami Realty Limited is an Indian real estate developer engaged in the development of residential and commercial properties, with its securities listed on BSE and NSE under the symbol EMAMIREAL. The company operates within the broader realty and infrastructure sector, relying on bank loan facilities to fund its projects and ongoing operations.
Average Trading Volume: 2,250
Technical Sentiment Signal: Sell
Current Market Cap: 3.44B INR
Find detailed analytics on EMAMIREAL stock on TipRanks’ Stock Analysis page.