Announced Tue, 14 Jul · 20:22 IST
Goodluck India gets IND AA-/stable rating on Rs 1,150 Cr bank facilities
Credit & Debt View source PDF
GOODLUCK · 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
₹1580.90
prior close
₹1590.50
base price
After-mkt
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AI summary
Goodluck India received a credit rating of IND AA- with a stable outlook for long-term bank facilities and IND A1+ for short-term facilities from India Ratings and Research. The rating covers total bank loan facilities of Rs 11,500 million (Rs 1,150 crore). IND AA- indicates high safety and low credit risk, while IND A1+ is the highest short-term rating on India Ratings scale. The filing describes this as a new rating assignment under SEBI disclosure rules.
Likely market impact
Strong investment grade rating signals a healthy credit profile, likely supporting easier and cheaper borrowing for the company going forward.