Announced Wed, 8 Jul · 13:14 IST
Credit rating reaffirmed with BBB Stable on Rs 147 Cr bank facilities
INCREDIBLE · price
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Price reaction · full curve 14 horizons · vs prior close
+4.6%1-day move
₹32.50
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Acuite Ratings reaffirmed BBB with Stable outlook on the company's existing Rs 28 crore cash credit and A3+ on its Rs 14 crore short term facilities. The agency also assigned BBB Stable to a new Rs 105 crore term loan. Total rated bank facilities now stand at Rs 147 crore, indicating stable credit health and continued lender confidence.
Likely market impact
Investment grade rating retained. Stable outlook signals ongoing access to bank funding with no change in perceived credit risk.