Announced Wed, 8 Jul · 13:08 IST
Credit rating assigned and reaffirmed by Acuite Ratings
Credit & Debt View source PDF
INCREDIBLE · 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
+4.6%1-day move
₹32.50
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.6+5.0+4.6+4.6+2.2+4.2————
Up moveDown movePending
AI summary
Acuite Ratings has assigned BBB Stable to a Rs 105 crore term loan and reaffirmed ratings on existing bank facilities. Cash credit of Rs 28 crore reaffirmed at BBB Stable, and letter of credit and bank guarantee of Rs 14 crore reaffirmed at A3+. Total bank facilities rated stand at Rs 147 crore. Reaffirmations indicate unchanged credit profile.
Likely market impact
Reaffirmations point to stable credit health with no negative rating action, generally neutral for shareholders.