Announced Fri, 7 Aug · 22:46 IST
Capri Global credit rating upgraded to IVR AA+ with stable outlook
CGCL · 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
+1.7%1-day move
₹231.00
prior close
₹230.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.7-0.9+0.1+1.7-0.9+0.2-1.7-1.4-2.2————
Up moveDown movePending
AI summary
Capri Global Capital's credit rating has been upgraded by Infomerics Valuation and Rating from IVR AA/Positive to IVR AA+/Stable. The upgrade covers bank loan facilities worth Rs. 9,595 crore and non-convertible debentures worth Rs. 3,000 crore. The higher rating reflects improved creditworthiness and lower risk perception. A stable outlook indicates the agency expects the rating to hold in the near term.
Likely market impact
Positive: stronger credit profile may lower borrowing costs, improve investor confidence and support growth.