Announced Sat, 5 Sept, 2026 · 14:22 IST
CRISIL Downgrades Credit Ratings: Long-Term to BBB-/Stable, Short-Term to A3
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
+0.8%1-day move
₹502.00
prior close
₹555.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-10.0-10.0-10.0-8.2+0.8-1.4-0.5-2.0-2.4-4.4-7.4-12.7——
Up moveDown movePending
AI summary
CRISIL has downgraded International Combustion India's credit ratings on bank facilities worth Rs. 125 crore. The long-term rating moved from BBB/Negative to BBB-/Stable, and the short-term rating dropped from A3+ to A3. While the outlook improved from Negative to Stable, the actual downgrade signals weaker creditworthiness and may raise the company's borrowing costs.
Likely market impact
Downgrade on Rs. 125 crore debt may raise borrowing costs. Outlook improved from Negative to Stable, suggesting reduced near-term default risk.