Announced Thu, 20 Aug · 12:13 IST
CRISIL revises outlook on Afcons ratings to Negative
AFCONS · 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
+0.4%1-day move
₹277.80
prior close
₹276.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.3+0.4+0.7+0.4+0.4+2.7+2.7+2.6+2.4-5.6-7.5——
Up moveDown movePending
AI summary
CRISIL revised the outlook on Afcons Infrastructure credit ratings from Stable to Negative. Long-term bank facilities and Non-Convertible Debentures retained at AA-, but outlook is now Negative. Short-term Commercial Paper Programme reaffirmed at A1+. The Negative outlook flags potential pressure on the company credit profile ahead.
Likely market impact
Negative outlook on AA- rating signals possible future downgrade risk and could raise future borrowing costs for the company.