CARE Ratings upgrades bank facility ratings to BBB+ Stable

Rating UpgradedCredit & Debt View source PDF

INSPIRISYS · price

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▲ 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

-1.3%1-day move

₹99.15

prior close

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base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-1.3+1.9+1.9———————

Up moveDown movePending

AI summary

CARE Ratings has upgraded Inspirisys Solutions' bank facility ratings. Long-term facilities of about Rs 2 crore moved from BBB Stable to BBB+ Stable. Short-term facilities of about Rs 18 crore moved from BBB Stable and A3+ to BBB+ Stable and A2. The upgrade reflects improved credit profile and is expected to lower borrowing costs.

Likely market impact

Positive signal on financial health. Likely to reduce borrowing costs and improve lender confidence in the company.