Announced Fri, 10 Jul · 22:00 IST
ICRA upgrades Himadri Speciality Chemical long-term rating to AA Stable
HSCL · 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
+1.7%1-day move
₹660.15
prior close
₹658.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.4+0.7+0.4+1.7+3.2+9.4+12.3+16.8+16.0————
Up moveDown movePending
AI summary
ICRA upgraded Himadri Speciality Chemical's long-term rating on its Rs 1980.86 Cr working capital facility from AA- (Positive) to AA (Stable). Outlook revised to Stable from Positive. Short-term A1+ rating on working capital and Rs 500 Cr commercial paper reaffirmed.
Likely market impact
Credit rating upgrade signals stronger financial profile, may lower future borrowing costs and boost investor confidence.