Announced Wed, 23 Sept, 2026 · 11:59 IST

ICRA assigns BB+ Stable rating to Flex Foods for Rs 170 cr facilities

Rating JunkCredit & Debt View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.5%Reaction day

₹45.50

prior close

₹45.99

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+2.2% vs market

Other Agricultural Products peers, median of 60sector+0.8%+2.7% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.7 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

-2.2

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+1.3+2.2+0.8+2.7

Next day

+5.1-0.2+5.3-0.3+5.3

+9.6+0.1+9.5-0.0+9.6

+8.8-1.5+10.3-0.1+8.9

+5.5-0.5+6.0-0.0+5.5

+9.9-0.8+10.7-0.5+10.3

+12.1-2.0+14.1-1.0+13.1

15d

+14.0-3.4+17.4-0.3+14.3

+13.0-9.9+22.9-6.3+19.2

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UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 60Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Flex Foods told BSE that ICRA has assigned credit ratings to its banking facilities worth Rs 170 crore in total. The Rs 123.5 crore term loan got BB+ with stable outlook, Rs 45 crore working capital facilities got BB+ stable or A4+, and Rs 1.5 crore unallocated got the same. BB+ is below investment grade, pointing to higher credit risk.

Likely market impact

BB+ is below investment grade, flagging higher credit risk. Stable outlook limits immediate concerns.