Announced Thu, 3 Sept, 2026 · 20:04 IST
ICRA Upgrades Cemindia Projects Credit Rating to AA from A+
CEMPRO · 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
+1.2%1-day move
₹1297.50
prior close
₹1299.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5-0.1-1.2+1.2-1.0-1.9-3.6-3.7-5.1-4.9-10.7——
Up moveDown movePending
AI summary
Cemindia Projects (formerly ITD Cementation India) received a credit rating upgrade from ICRA. Long-term term loan and working capital facilities moved up from A+ (Stable) to AA (Stable). Non-fund based limits improved from A+ to AA (Stable), with short-term rating upgraded from A1 to A1+. Outlook remains stable across all facilities.
Likely market impact
Positive. Reflects stronger financial health, may lower future borrowing costs and boost investor confidence.