MoneyWorks4Me

CRISIL assigns ‘A-/Stable’ rating to Phoenix Mills’ arm

28 Mar 2018 Evaluate

Phoenix Mills’ subsidiary - Pallazzio Hotels & Leisure has been assigned ‘A-/Stable’ rating by CRISIL for the Bank facilities availed by the company.

The rating reflects the strong financial and healthy operating performance of ‘The St. Regis, Mumbai'.

Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.

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..