Announced Mon, 3 Aug · 18:19 IST
India Ratings downgrades Dhampur Sugar long-term rating
DHAMPURSUG · 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
+2.9%1-day move
₹144.00
prior close
₹144.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+3.9+3.4+2.8+2.9+2.8+4.7+11.1+9.5+12.1————
Up moveDown movePending
AI summary
India Ratings & Research has downgraded Dhampur Sugar Mills' long-term issuer rating and long-term debt facilities from IND AA- to IND A+ with a Stable Outlook. The short-term rating has been affirmed at IND A1+. The fixed deposit rating has been withdrawn since all deposits have been repaid in full.
Likely market impact
Negative signal for shareholders - long-term creditworthiness has been reduced by one notch, which may raise future borrowing costs.