Announced Tue, 7 Jul · 19:14 IST
CRISIL reaffirms BBB+/Stable rating on bank facilities
Credit & Debt View source PDF
CHEMCON · price
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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹184.49
prior close
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base price
After-mkt
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AI summary
CRISIL has reaffirmed the credit rating of Chemcon Speciality Chemicals at BBB+/Stable on its total bank loan facilities of Rs. 53 crores, consisting of Cash Credit from HDFC Bank. The rating letter is valid till March 31, 2027. This is a routine review with no change in rating or outlook.
Likely market impact
Neutral. Rating reaffirmed with no change, indicating stable creditworthiness and steady business outlook for shareholders.