Announced Tue, 7 Jul · 17:02 IST
CARE reaffirms Commercial Paper at A1+, withdraws other facility ratings
ARSSBL · 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
+0.9%1-day move
₹571.00
prior close
₹566.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
CARE Ratings (CareEdge) reaffirmed ARSSBL's Commercial Paper at CARE A1+ (an upgrade from the earlier CARE A1) for the Rs.200 crore programme. Bank facility and market-linked debenture ratings were withdrawn at the company's request, since the proposed debt was not placed and bankers gave their no-objection. Outlook stays Stable. ARSSBL's FY26 total income was Rs.934 crore and PAT Rs.132 crore.
Likely market impact
Reaffirmation at the upgraded A1+ level signals strong credit profile; withdrawal of unused facility ratings is administrative and not adverse.