Announced Thu, 17 Sept, 2026 · 17:52 IST
Credit rating upgraded from CARE D to CARE B+ with stable outlook
COASTCORP · 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
+9.2%1-day move
₹35.32
prior close
₹36.17
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.9+0.4+0.7+9.2+8.1+7.6+6.4+2.7+1.4————
Up moveDown movePending
AI summary
CARE Ratings upgraded Coastal Corporation's bank facility ratings from CARE D to CARE B+ with stable outlook. Long term facilities of Rs 68.28 crore and combined long term/short term facilities of Rs 273.50 crore were revised. Upgrade follows review of FY26 audited and Q1FY27 unaudited performance.
Likely market impact
Positive - upgrade from default rating D to B+ signals improved credit profile, though rating remains in speculative grade.