Announced Wed, 24 Jun · 18:02 IST
CRISIL upgrades outlook to Positive, reaffirms A+ and A1+ ratings
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
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.5-0.6-0.7-3.9-5.2-4.1+0.4+4.5+3.6+0.8-5.6——
Up moveDown movePending
AI summary
CRISIL Ratings has reaffirmed Intellect Design Arena's long-term rating at Crisil A+ and short-term rating at Crisil A1+. The long-term rating outlook has been revised from Stable to Positive. Total bank loan facilities rated stand at Rs 500 crore. The Positive outlook signals expected improvement in the company's credit profile.
Likely market impact
Positive for shareholders; signals improving financial health and potential future rating upgrade, lowering borrowing costs.