Announced Sat, 27 Jun · 11:42 IST
CARE reaffirms AA+ Stable and A1+ ratings on KEI Industries facilities
Credit & Debt View source PDF
KEI · 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
+2.4%1-day move
₹5261.00
prior close
₹5294.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.1-1.9-1.5+2.4-0.2+0.2+0.2-0.2-4.4-6.0———
Up moveDown movePending
AI summary
CARE Ratings reaffirmed KEI Industries ratings: Long Term Bank Facilities at CARE AA+ with Stable outlook, and Short Term Bank Facilities and Commercial Paper at CARE A1+. The review covered a Commercial Paper program of Rs 30 crore, carved out of working capital limits. Both ratings indicate high degree of safety and very low credit risk on financial obligations.
Likely market impact
Reaffirmation of high-grade ratings signals stable credit profile and strong repayment capacity, a positive sign for investors and lenders.