MoneyWorks4Me

CRISIL Ratings has downgraded INOX Leisure’s ratings on the bank facilities. The agency has downgraded long term bank facilities to ‘A+/Negative’ and short term facilities to ‘A1’ from ‘AA-/Negative’ and ‘A1+’, respectively. The rating action reflects CRISIL Ratings’ expectation of weakening of the company’s business risk profile over the medium term.

INOX Leisure is amongst India’s largest multiplex chains.

Peers
Company Name CMP
PVR Inox 1380.40
Saregama India 510.40
Shemaroo Entertain. 104.00
UFO Moviez India 57.45
Tips Music 718.75
View more..