Announced Wed, 24 Jun · 13:53 IST
CARE reaffirms HMA Agro ratings; bank facilities enhanced to Rs 1,231 cr
HMAAGRO · 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
+0.9%1-day move
₹21.80
prior close
₹22.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.9+0.5+1.1+0.9+0.9+1.0+1.2+2.3+0.9+0.5-2.1——
Up moveDown movePending
AI summary
CARE Ratings has reaffirmed HMA Agro Industries credit ratings at CARE A- with Stable outlook for long term and CARE A2+ for short term bank facilities. Total long and short term bank facilities enhanced from Rs 931 crore to Rs 1,231 crore, plus Rs 19 crore short term, taking total facilities to Rs 1,250 crore. Lenders include SBI, Yes Bank, HDFC Bank, and Canara Bank.
Likely market impact
Ratings unchanged at investment grade. Enhanced bank limits of about Rs 300 crore signal continued lender confidence and support working capital growth.