Announced Thu, 9 Jul · 18:58 IST
CARE assigns BB+ and A4+ ratings to bank facilities
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹89.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.6-2.7-1.7+2.2-0.9+1.7————
Up moveDown movePending
AI summary
Aeroflex Neu has received credit ratings from CARE Ratings for its bank facilities. Long term facilities of about Rs 3.55 crore rated CARE BB+ with Stable outlook. Combined long and short term facilities of about Rs 16.40 crore rated CARE BB+ Stable and CARE A4+. Short term facilities of about Rs 7.20 crore rated CARE A4+. Total rated exposure is around Rs 27.15 crore.
Likely market impact
BB+ and A4+ are sub-investment grade ratings, signalling moderate to high credit risk and potentially higher borrowing costs.