Announced Wed, 1 Jul · 17:14 IST
CARE reaffirms highest credit ratings for Havells India facilities
HAVELLS · 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
₹1188.10
prior close
₹1193.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.3+0.2-0.4-0.7-0.5+3.1+2.3+0.5-0.7+1.4———
Up moveDown movePending
AI summary
CARE has reaffirmed its top credit ratings on Havells India. Long-term bank facilities of Rs 100 crore hold CARE AAA with stable outlook. Short-term bank facilities were enhanced to Rs 1,427.50 crore from Rs 1,197.50 crore, retaining CARE A1+. Rs 500 crore commercial paper program also reaffirmed at CARE A1+. The highest ratings reflect strong credit profile based on FY26 audited results.
Likely market impact
Highest credit rating reaffirmed and short-term bank limits expanded, signaling strong financial health and lender confidence.