Announced Fri, 3 Jul · 22:16 IST
CEAT credit ratings affirmed by India Ratings; AA/Positive outlook retained
Credit & Debt View source PDF
CEATLTD · 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
+3.2%1-day move
₹3786.40
prior close
₹3784.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.0+0.3+1.1+3.2+1.8+3.3+2.4+2.1-0.1-11.0———
Up moveDown movePending
AI summary
India Ratings and Research has affirmed CEAT's credit ratings. Non-Convertible Debentures of Rs 150 Cr (reduced from Rs 250 Cr) hold IND AA/Positive. Commercial Paper of Rs 1,000 Cr holds IND A1+. Bank Loan Facilities of Rs 1,522.12 Cr (reduced from Rs 1,526.87 Cr) get IND AA/Positive and IND A1+, with the long-term rating affirmed and reassigned. No change in rating; Positive outlook retained.
Likely market impact
Stable ratings with a Positive outlook point to healthy finances and room for a future upgrade, mildly supportive for the stock.