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Credit Analysis & Research (CARE) has revised rating of Housing Development and Infrastructure’s (HDIL’s) non-convertible debentures (NCD) issue to D from BBB+.

However, the company has not accepted the said rating assigned by CARE and would like to reiterate the company’s strong financial and operational performance and sound fundamentals and the company has submitted to CARE to review / restore the rating.

HDIL is a real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).

 

Related Housing Development And Infrastructure Ltd. Links:

HDIL Share Price

4.73 0.02 (0.42%) Nov 26, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 510.55
NBCC (India) 41.85
Prestige EstatesProj 440.95
DLF 376.65
JMC Projects (India) 98.00
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Sensex vs HDIL
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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