Announced Mon, 17 Aug · 16:40 IST
CARE upgrades Fermenta Biotech credit ratings
FERMENTA · 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
-0.7%1-day move
₹459.00
prior close
₹460.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.8-0.9-1.6-0.7+1.1+4.2———————
Up moveDown movePending
AI summary
CARE Ratings upgraded Fermenta Biotech's credit ratings. Long-term bank facilities moved from BBB to BBB+ (Stable), with facility amount enhanced from Rs 118.94 crore to Rs 166.73 crore. Short-term facilities upgraded from A3+ to A2, at Rs 6.25 crore. Total facilities stand at Rs 172.98 crore.
Likely market impact
Lower borrowing costs, stronger lender confidence, and higher sanctioned limits; positive signal for shareholders and credit access.