Announced Tue, 30 Jun · 15:14 IST
Crisil revises Craftsman Automation outlook to Positive, ratings reaffirmed
CRAFTSMAN · 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
-1.5%1-day move
₹9415.00
prior close
₹9467.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.1——-1.5-1.5-3.3-3.8-3.8-1.0-0.2———
Up moveDown movePending
AI summary
Crisil reaffirmed AA-/A1+ ratings on Craftsman Automations Rs 3,950 crore bank facilities and revised outlook from Stable to Positive. Subsidiary DR Axion got same action. Sunbeam continues on Rating Watch with Positive Implications. Revision reflects 42 percent revenue growth to Rs 8,082 crore in FY26 and Rs 2,000 crore QIP proceeds earmarked for debt reduction.
Likely market impact
Positive outlook revision signals improving credit profile and possible future upgrade. Supports growth and debt reduction story.