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ICRA assigns Fundamental Grade ‘4’ to Brigade Enterprises

29 Sep 2014

Credit rating agency, ICRA has assigned the Fundamental Grade ‘4’ and the Valuation Grade ‘A’ to Brigade Enterprises. The Fundamental Grade ‘4’ assigned to the company implies that the company has Strong Fundamentals.

Besides, the Valuation Grade ‘A’ assigned to the company implies that the company is Significantly Undervalued on a relative basis (as on the date of the grading assigned).

Brigade Enterprises is a flagship company of Brigade Group, which is one of South India's leading property developers. The company has completed 67 residential, commercial, retail and hospitality projects, covering over 6.74 million square feet of developable area.

Related Brigade Enterprises Ltd. Links:

Brigade Enterprises Share Price

405.55 4.15 (1.03%) Sep 22, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323