CRISIL upgrades Atlanta Electricals bank facility ratings
ATLANTAELE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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CRISIL Ratings upgraded the long-term rating on Atlanta Electricals' Rs 910 crore bank facilities to CRISIL A/Stable from CRISIL BBB+/Positive. The short-term rating was raised to CRISIL A1 from CRISIL A2. The ratings cover guarantees, cash credit, letters of credit and term loans.
The upgrade signals improved credit quality and may ease borrowing costs, supporting sentiment. It is not a recommendation to buy or sell the stock.