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Apollo Pipes receives upgrade in credit ratings for bank facilities

From CRISIL

December 03, 2021 12:49 IST | capital market
Apollo Pipes has received revision in credit ratings for bank loan facilities of Rs 180.2 crore from CRISIL as under:

Long term rating - CRISIL A/Stable (upgraded from CRISIL A-/Positive)
Short term rating - CRISIL A1 (upgraded from CRISIL A2+)

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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