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.

Brigade Enterprises Share Price

514.40 -0.70 (-0.14%)
Aug 05, 18:03 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 242.35
JMC Projects (India) 84.55
NBCC (India) 34.60
Prestige EstatesProj 431.10
DLF 367.60
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