KEI Industries Limited has informed the Exchange that India Ratings and Research Private Limited has upgraded ratings of the Company.

Credit rating upgradedCredit & Debt View source PDF Explain this filing

KEI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.5%Reaction day

₹3750.00

prior close

₹3790.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.0%+0.5% vs market

Cables - Electricals peers, median of 9sector+1.7%-0.2% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 0.2 pts less than its Cables - Electricals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

+0.2

15m

+0.3

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.5+1.0+0.5+1.7-0.2

Next day

+1.1+1.0+0.1+2.8-1.7

+1.6+0.7+0.9+2.3-0.7

-1.9-0.8-1.1+0.5-2.4

-2.0-1.2-0.8-1.3-0.7

-1.6-0.4-1.2+0.0-1.6

-4.3-1.5-2.8+0.0-4.3

15d

+1.4+1.4-0.0+4.8-3.4

-1.3+0.9-2.2+7.8-9.2

+1.6-3.2+4.8-5.5+7.1

+7.4-1.8+9.2-5.0+12.4

UpDownMarket · Nifty Midcap 150Sector · Cables - Electricals peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

India Ratings and Research has upgraded KEI Industries' long-term credit rating from IND AA to IND AA+ with a Stable Outlook, citing a high degree of safety regarding timely servicing of financial obligations. The short-term bank facility and commercial paper ratings have been affirmed at IND A1+, indicating the lowest credit risk. The upgrade covers working capital facilities of ₹32,100 million and a term loan of ₹6,000 million, spread across multiple banks including SBI, Bank of Baroda, PNB, Axis Bank, ICICI Bank, and HDFC Bank. A commercial paper programme of ₹1,000 million was also rated IND A1+.

Likely market impact

This upgrade reflects improved creditworthiness and could lower KEI Industries' future borrowing costs, while signalling financial strength to investors — a positive development for shareholders that may support valuation.