CARE assigns BB+ rating with Stable outlook to bank facilities

Rating JunkCredit & Debt View source PDF

AERONEU · price

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▲ 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

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

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AI summary

Aeroflex Neu received credit ratings from CARE Ratings for its bank facilities. Long Term Facilities of Rs 3.55 crore rated CARE BB+ Stable. Rs 16.40 crore Long/Short Term Facilities rated CARE BB+ Stable and A4+. Rs 7.20 crore Short Term Facilities rated CARE A4+. BB+ falls below investment grade, suggesting moderate to high credit risk.

Likely market impact

BB+ is a below investment grade rating, indicating higher credit risk. Stable outlook suggests no near term rating change expected.