Announced Thu, 9 Jul · 12:46 IST
Credit rating reaffirmed, removed from negative watch with Stable outlook
FAZE3Q · 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
+2.3%1-day move
₹571.65
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.3+4.4-0.3-0.8-0.3+2.3————
Up moveDown movePending
AI summary
CARE Ratings reaffirmed Faze Three's long-term rating at CARE A; Stable and short-term at CARE A1 for bank facilities of Rs 280 crore. The rating was removed from Rating Watch with Negative Implications, where it was placed in September 2025 over US tariff concerns, and assigned a Stable outlook. Revenue grew 34 percent year-on-year to Rs 923 crore in FY26, though PBILDT margin fell to 10.12 percent from 13.03 percent.
Likely market impact
Positive signal — removal from negative watch and Stable outlook suggest credit profile has stabilized despite US tariff challenges.