Announced Fri, 10 Apr · 19:26 IST
CARE upgrades short-term rating to A2; long-term BBB+ reaffirmed
EMMBI · 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
₹85.00
prior close
₹82.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.6-0.6-1.1+4.8+5.2+4.8+1.8+2.4-0.0-2.1-2.2-0.1+8.2
Up moveDown movePending
AI summary
CARE Ratings has reaffirmed Emmbi Industries' long-term bank facilities rating at CARE BBB+ with Stable outlook and upgraded the short-term component from CARE A3+ to CARE A2 for its combined long-term/short-term bank facilities. The upgrade reflects improved assessment of the company's short-term credit profile, while the stable long-term rating indicates steady medium-term outlook.
Likely market impact
Positive signal: short-term rating upgrade strengthens borrowing capacity and may lower short-term funding costs for the company.