Announced Fri, 24 Jul · 16:00 IST
BEML: CARE reaffirms credit ratings, withdraws CP rating
Credit & Debt View source PDF
BEML · 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
—1-day move
₹1712.00
prior close
₹1730.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+0.3+0.2——————————
Up moveDown movePending
AI summary
CARE Ratings reaffirmed BEML's long-term bank facility rating at AA- with Stable outlook, and long-term/short-term rating at AA-/Stable / A1+. The rating on BEML's commercial paper was withdrawn because the company has no outstanding CP issue. Overall, the rating action is neutral with no change in credit profile.
Likely market impact
Reaffirmation at AA-/Stable and A1+ signals steady credit quality. Neutral for the stock; no upgrade or downgrade.