Announced Wed, 17 Jun · 15:32 IST
CRISIL reaffirms BBB+ rating, outlook revised to Positive for Black Box
BBOX · 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
+0.6%1-day move
₹1017.90
prior close
₹1024.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.9-1.1-1.3+0.6-2.9-0.8-2.5-5.8-6.7-9.0-18.1——
Up moveDown movePending
AI summary
CRISIL reaffirmed Black Box's credit ratings on bank facilities totalling Rs 70 Crore, enhanced from Rs 45 Crore. Long term rating stands at BBB+ with outlook upgraded from Stable to Positive. Short term rating CRISIL A2 also reaffirmed. Facilities include cash credit and letter of credit with Bank of Maharashtra and Bank of India.
Likely market impact
Positive outlook revision signals improving financial health. Enhanced credit limit from Rs 45 Crore to Rs 70 Crore reflects stronger lender confidence in the company.