HBL Engineering: CARE reaffirms A+ positive and A1+ ratings
HBLENGINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts less than Nifty Smallcap 250 and 2.0 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CARE Ratings reaffirmed HBL Engineering's long term bank facility rating at A+ with Positive outlook and short term at A1+. Total rated facilities stand at about 798.75 crore. The company surrendered its project specific working capital limits, leading to withdrawal of those ratings. Review was based on FY25 audited and 9MFY26 unaudited results.
Neutral. Ratings reaffirmed at investment grade. Reduced overall credit limits suggest lower leverage or working capital needs.