Announced Tue, 23 Jun · 13:41 IST
ICRA reaffirms KEI Industries credit rating at AA+ Stable and A1+
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
-4.2%1-day move
₹5661.00
prior close
₹5570.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.0+0.1+0.2-4.2-7.1-3.8-4.8-7.2-6.9-10.0-13.2——
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AI summary
ICRA has reaffirmed KEI Industries credit ratings: AA+ (Stable) for long-term bank facilities totaling Rs 3,810 crore across 16 lenders, and A1+ for short-term facilities and Rs 40 crore commercial paper. The ratings indicate high safety in meeting financial obligations with very low credit risk. Outlook remains Stable. No change from previous ratings.
Likely market impact
Neutral to positive. Confirms strong credit profile and low borrowing risk; no change in rating or outlook means stable borrowing costs.