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CARE reaffirms ‘BB+’ rating to Long Term Bank Facilities of Nila Infrastructures

02 Apr 2013 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the ratings on the Long Term Bank Facilities of Nila Infrastructures amounting to Rs 6.96 crore at ‘BB+’ and Long / Short Term Bank Facilities amounting to Rs 4.00 crore at ‘A4+’.

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 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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