Announced Thu, 6 Aug · 12:37 IST
CRISIL upgrades Bajel Projects long-term rating to A plus; loan limit raised
BAJEL · 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
+2.7%1-day move
₹185.90
prior close
₹194.11
base price
In-mkt
timing
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Up moveDown movePending
AI summary
CRISIL upgraded Bajel Projects long-term rating to A+/Stable from A/Stable, citing improved business risk profile, strong order book of over Rs 4000 crore, and revenue growth at 61% CAGR to Rs 2808 crores in FY26. Short-term rating reaffirmed at A1. Total bank loan facilities rated enhanced to Rs 3500 crores from Rs 3000 crores.
Likely market impact
Positive. Rating upgrade signals stronger financial profile, healthy revenue visibility, and may support lower borrowing costs for the company.