Announced Wed, 1 Jul · 11:51 IST
ICRA reaffirms AA/Stable rating on Century Plyboards; assigns for enhanced limits
CENTURYPLY · 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
₹749.85
prior close
₹744.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-0.0+0.6+4.3+3.2+2.0+2.9+5.4+4.8———
Up moveDown movePending
AI summary
ICRA reaffirmed Century Plyboards long-term rating at AA (Stable) and short-term at A1+, covering total limits of about Rs 2,114 crore. Identical ratings assigned to wholly-owned subsidiary Century Panels for Rs 881 crore. Ratings were reaffirmed for existing amounts and also assigned for enhanced credit limits, including a new proposed term loan of Rs 150 crore.
Likely market impact
Positive: strong credit profile retained with Stable outlook. Enhanced limits indicate higher borrowing capacity to fund growth, with low default risk.