CARE downgrades Deccan Cements long-term rating from BBB+ to BBB

Rating DowngradedCredit & Debt View source PDF Explain this filing

DECCANCE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹554.90

prior close

₹548.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.5% vs market

Cement & Cement Products peers, median of 34sector-0.4%-1.9% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.9 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-1.2

15m

-1.6

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+0.2-2.5-0.4-1.9

Next day

-1.3+0.2-1.6-0.6-0.8

-2.0+0.4-2.4-1.4-0.7

-2.4+0.7-3.1-1.9-0.5

-0.9+0.1-1.0-2.3+1.4

+0.6+0.7-0.0-1.3+2.0

-1.8+1.2-2.9-2.1+0.3

15d

+1.8+0.7+1.1-3.5+5.3

+1.3-1.2+2.5-7.7+9.0

-2.2-1.1-1.1-13.0+10.8

—————

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CARE Ratings has downgraded Deccan Cements long-term bank credit facility rating from CARE BBB+ to CARE BBB, both with stable outlook. The short-term rating of CARE A3+ has been reaffirmed. Rating action dated 7 August 2026.

Likely market impact

Long-term downgrade may raise future borrowing costs and signal a weaker credit profile. Short-term rating reaffirmed provides some comfort.