CRISIL reaffirms highest rating for CP Programme of Piramal Enterprises’ arm

16 Jul 2019

CRISIL has reaffirmed the highest rating, ‘A1+’ to Piramal Enterprises’ wholly owned subsidiary -- Piramal Capital and Housing Finance (PCHFL) for Commercial Paper Programme worth Rs 10,500 crore. CRISIL has evaluated the business and financial risk profile of the overall financial services business, and also factored the managerial and financial risk profile of the holding company, Piramal Enterprises’ lending book.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

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Piramal Enterprises Share Price

1253.15 -30.75 (-2.40%) Sep 29, 17:29
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719