Announced Wed, 12 Aug · 17:39 IST
CARE downgrades Deccan Cements long-term rating from BBB+ to BBB
DECCANCE · 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
-1.3%1-day move
₹554.90
prior close
₹548.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8—-1.6-1.8-1.3-2.0-2.4-0.9+0.6—————
Up moveDown movePending
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.