Announced Thu, 2 Jul · 19:35 IST
D&H India gets upgraded credit rating on bank facilities
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
+4.8%1-day move
₹259.55
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.8+2.5-0.6+2.5+2.9-0.6-9.7———
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AI summary
Infomerics Valuation and Rating Ltd has upgraded D&H India's credit rating on its bank facilities. Long-term facilities rated IVR BBB/Stable and short-term facilities rated IVR A3+, both upgraded from earlier levels. Total rated bank loan facilities stand at Rs. 89.95 Crore across HDFC Bank, Yes Bank and SIDBI. Upgrade is based on the company's operational and financial performance for FY25 and FY26. Rating is valid till June 29, 2027.
Likely market impact
Positive for shareholders. Lower credit risk and stronger financial profile may lead to cheaper future borrowings and improved investor confidence.