Announced Wed, 30 Sept, 2026 · 15:49 IST
Credit rating upgraded from BWR D to BWR BB-/Stable by Brickwork
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
₹5.80
prior close
₹5.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.3+1.3+1.3-1.7-2.4-0.3-4.0——————
Up moveDown movePending
AI summary
Brickwork Ratings upgraded Indian Acrylics credit rating from BWR D to BWR BB-/Stable for long-term and to BWR A4 for short-term on bank facilities of Rs 99 crore. Upgrade follows full repayment of Rs 50 crore term loan and improved operating performance, with higher EBITDA and lower net loss. Company still has negative net worth and continued losses. Filing was delayed as rating email went to spam folder.
Likely market impact
Positive signal on financial recovery, but weak net worth and ongoing losses remain key concerns for shareholders.