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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ICRA Ltd has retained Andhra Petrochemicals' long-term rating at ICRA A- and short-term fund-based rating at ICRA A2+ on bank facilities totalling Rs. 94.18 crores. The outlook on the long-term fund-based cash credit rating remains 'Stable'. The retention of ratings with a stable outlook indicates that ICRA sees no change in the company's creditworthiness or near-term financial risk profile.
For shareholders, this is a neutral signal — the rating affirmation suggests the company's debt servicing ability remains unchanged, with no immediate concerns flagged by the rating agency. Stock price is unlikely to react materially to this news.