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Credit rating agency, ICRA has assigned an LB+ rating to the Rs 50 crore fund based limits of Alpine Housing Development Corporation (AHDCL).

The rating is constrained by the company’s reduced scale of operations in recent past owing to the economic recession and the impact on real estate sector in particular; increased working capital intensity resulting from high level of receivables and increased inventory levels; loss making performance of the manufacturing division of the company; and re-financing risks arising from the fact that a significant debt repayment is scheduled within one year.

Alpine Housing Development Corporation is a part of Alpine group and operates in two business segments namely; Real Estate / Property Development and manufacturing - concrete sleepers and inserts.

Alpine Hsg Dev. Corp Share Price

91.00 1.75 (1.96%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 948.50
Dilip Buildcon 479.70
DLF 609.05
Oberoi Realty 1672.50
Ahluwalia Contract(I 853.00
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