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Religare Broking’s Credit Ratings Reaffirmed by CRISIL

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Religare Broking’s Credit Ratings Reaffirmed by CRISIL

Religare Enterprises Limited ( (IN:RELIGARE) ) has issued an update.

Religare Enterprises Limited announced that its wholly owned subsidiary, Religare Broking Limited, has had its credit ratings reaffirmed by CRISIL Ratings Limited. The reaffirmed ratings, which include a long-term rating of CRISIL BBB/Stable and a short-term rating of CRISIL A3+, reflect the company’s stable financial position and are crucial for maintaining stakeholder confidence and operational stability.

More about Religare Enterprises Limited

Religare Enterprises Limited operates in the financial services industry, primarily offering services through its subsidiaries, including Religare Broking Limited. The company focuses on providing a range of financial solutions, including broking and investment services, to its clients.

YTD Price Performance: -14.68%

Average Trading Volume: 89,907

Current Market Cap: 78.37B INR

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

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