Announced Fri, 26 Jun · 15:08 IST
CRISIL reaffirms AA-/Positive rating on Rs 850 cr enhanced bank facilities
BRIGADE · 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
-4.8%1-day move
₹525.40
prior close
₹526.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-1.7-2.7-4.8-4.5-4.8-2.3+1.6-4.6+7.0———
Up moveDown movePending
AI summary
CRISIL reaffirmed Brigade Enterprises long-term rating of AA-/Positive on enhanced bank loan facilities totalling Rs.850 crores, up from Rs.350 crores previously. Rs.150 cr long-term loan and Rs.500 cr rupee term loan retained AA-/Positive. New short-term rating A1+ assigned for Rs.200 cr loan from South Indian Bank. Positive outlook maintained.
Likely market impact
Strong AA- rating with Positive outlook and higher credit limits signal continued lender confidence and growing borrowing capacity for growth.