Announced Thu, 30 Jul · 11:16 IST
CRISIL upgrades short-term rating to A1+; long-term A+/Stable reaffirmed
AMBIKCO · 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
-0.5%1-day move
₹1719.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.5+3.5+3.8+4.7+6.7-4.2-4.4———
Up moveDown movePending
AI summary
CRISIL upgraded Ambika Cotton Mills' short-term bank facility rating to A1+ from A1 and reaffirmed the long-term rating at A+/Stable. Upgrade reflects improved liquidity (net cash of Rs 198 crore as of March 2026), debt-free balance sheet, and consistent cash accruals. FY26 revenue grew to Rs 780 crore from Rs 721 crore. Company committed to maintaining free liquidity of Rs 150 crore.
Likely market impact
Positive credit upgrade signals stronger financial profile, debt-free status, and lower borrowing costs; supportive of shareholder confidence.