MoneyWorks4Me

ICRA assigns Fundamental Grade ‘4’ to Brigade Enterprises

29 Sep 2014 Evaluate

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.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
View more..