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ratings outlook News
India Inc's credit quality improves but remains fragile
Tue, Apr 04, 2017
Crisil, in its report, said, "The improvement was driven by firm commodity prices, stable macros, improving capital structure and lower interest costs. Going forward, we expect the gradual improvement in credit quality to sustain."
Snap surges after IPO banks give flurry of ''buy'' ratings
Tue, Mar 28, 2017
TD Ameritrade said Snap accounted for 7% of trading volume on its online platform during its first day of trading. As of last Thursday, almost half of its retail customers who bought the stock in the IPO have since sold their shares.
Moody's downgrade Lodha Developers rating to B2
Thu, Jan 26, 2017
Saranga Ranasinghe a Moody's Assitant Vice President and analysts said, “The downgrades reflects our expectation that the operating environment for the Indian real estate sector will continue to remain weak post the demonetisation exercise that tool place in November 2016. Weak operating conditions will continue to pressure LDPL's sales performance over the next 12-18 months.”
Reliance Communications ratings under review for downgrade despite Brookfield deal, Moody's; shares flat
Thu, Dec 22, 2016
Moody feels there is still lack of clarity on the cash flow generating capabilities of some of Rcom's remaining businesses, as the resulting leverage or cash flow positions following its restructuring can only be estimated within wide bounds.