Announced Wed, 24 Jun · 17:58 IST
CRISIL upgrades outlook to Positive on Rs 500 Cr bank facilities
INTELLECT · 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
-3.9%1-day move
₹756.00
prior close
₹758.20
base price
After-mkt
timing
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Up moveDown movePending
AI summary
CRISIL has reaffirmed Intellect Design Arena's long-term rating at A+ and short-term rating at A1+ on Rs 500 Crore of bank loan facilities. The agency revised the long-term rating outlook from Stable to Positive, indicating expected improvement in the company's credit profile.
Likely market impact
Positive outlook upgrade signals improving business strength and may support lower future borrowing costs for the company.