Announced Wed, 28 Oct, 2026 · 17:21 IST
Bank loan credit rating upgraded to BBB+ with stable outlook
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Acuite Ratings assigned Delton Cables a long-term bank loan rating of BBB+ with a stable outlook and a short-term rating of A2+. The company said this is an upgrade from Infomerics' BBB/Stable and A3+ ratings. The rated bank loan facilities total Rs 334.57 crore.
Likely market impact
The upgrade may improve lender confidence and borrowing terms, but it does not directly guarantee a rise in the share price.