MoneyWorks4Me

CARE reaffirms the rating assigned to the bank facilities of Nila Infrastructure

28 Apr 2012 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the ratings at ‘BB+’ on the long term bank facilities of Nila Infrastructure amounting to Rs 9.46 crore. The agency has also reaffirmed the ratings at ‘BB+/A4+’ on the long term / short term bank facilities of the company amounting to Rs 4 crore.

Nila Infrastructure is in business of construction activities. The company is involved in the construction of luxurious bungalows, commercial and residential buildings, infrastructure projects such as industrial estates including roads, plots, sheds, lighting, etc.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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