Announced Wed, 8 Apr · 11:19 IST
CARE Ratings reaffirms bank facility ratings with Positive outlook
ASAHISONG · 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
₹231.89
prior close
₹230.81
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.6+0.5+0.5+0.5+0.0-2.9-2.4-2.5+3.5+6.3+9.5+5.3+12.8
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AI summary
CARE Ratings reaffirmed Asahi Songwon Colors' bank facility ratings: CARE A; Positive for long-term (Rs 8.07 cr, reduced from Rs 17.49 cr), CARE A1 for short-term (Rs 19 cr), and CARE A; Positive/CARE A1 for combined LT/ST (Rs 156 cr). FY25 revenue grew 32% to Rs 565.5 cr with PBILDT margin improving to 10.56%. Positive outlook reflects expected improvement in cash flows from Azo pigment JV and API businesses.
Likely market impact
Ratings reaffirmed with Positive outlook; term loan reduced signaling debt paydown. Stable credit profile supports investor confidence.