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The latest update is out from Oberoi Realty Limited ( (IN:OBEROIRLTY) ).
Oberoi Realty Limited announced that its subsidiary, Incline Realty Private Limited, has fully repaid a facility from a bank, leading to the withdrawal of its credit rating by CARE Ratings Limited. The facility previously held a ‘CARE AA+ (CE); Stable’ rating, which has now been withdrawn, reflecting the company’s improved financial position and potentially impacting its future borrowing capabilities.
More about Oberoi Realty Limited
Oberoi Realty Limited is a prominent player in the real estate industry, focusing on developing residential, commercial, retail, and hospitality projects. The company is headquartered in Mumbai, India, and is known for its premium developments in strategic locations.
Average Trading Volume: 15,321
Technical Sentiment Signal: Hold
Current Market Cap: 605.1B INR
For a thorough assessment of OBEROIRLTY stock, go to TipRanks’ Stock Analysis page.