tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kalpataru’s Subsidiary Secures Stable Credit Rating for Major Loan

Story Highlights
Kalpataru’s Subsidiary Secures Stable Credit Rating for Major Loan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Kalpataru Ltd. ( (IN:KALPATARU) ) has provided an update.

Kalpataru Limited has announced that its subsidiary, Agile Real Estate Private Limited, has received a credit rating of [ICRA]BBB- (Stable) from ICRA Limited for a long-term fund-based term loan of Rs. 1,414.39 crores from HDFC Bank Limited. This credit rating reflects the company’s stable financial position and could influence its ability to secure future financing, impacting its operational capabilities and market positioning.

More about Kalpataru Ltd.

Kalpataru Limited operates in the real estate industry, providing services through its subsidiary Agile Real Estate Private Limited. The company focuses on developing and managing real estate projects, primarily in India.

Average Trading Volume: 48,856

See more insights into KALPATARU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1