Announced Tue, 22 Sept, 2026 · 19:16 IST
ICRA upgrades Hindustan Copper long-term rating to AAA Stable
HINDCOPPER · 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
-2.7%1-day move
₹508.90
prior close
₹513.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.8+0.7+0.8-2.7-2.7-5.6-6.7-7.1-5.9————
Up moveDown movePending
AI summary
ICRA has upgraded Hindustan Copper's long-term credit rating to AAA (Stable) from AA+ (Stable) and reaffirmed the short-term rating at A1+. The upgrade covers bank facilities of Rs 2,100 crore including term loans, cash credit, and non-fund-based limits. The short-term rating on Rs 100 crore Commercial Paper was also reaffirmed at A1+. The total rated amount is Rs 2,200 crore.
Likely market impact
Positive — the highest investment-grade rating signals strong financial health and lower borrowing costs for the company.