Announced Fri, 26 Jun · 20:23 IST
Credit Rating Reaffirmed with Negative Outlook by CARE Edge
ALBERTDAVD · 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
-1.0%1-day move
₹705.20
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.0+1.9+1.6+2.2+0.1-1.8-0.7———
Up moveDown movePending
AI summary
Albert David's bank facility ratings have been reaffirmed by CARE Edge Ratings. Long-term facilities of Rs 50.50 crore rated CARE A with Negative outlook, reduced from Rs 51.50 crore. Long-term and short-term facilities of Rs 12 crore rated CARE A Negative and CARE A1, reduced from Rs 13 crore. Total rated facilities stand at Rs 62.50 crore across ICICI Bank and SBI.
Likely market impact
Negative outlook warns of possible downgrade ahead. Monitor financials as it may affect borrowing costs and lender confidence.