Announced Tue, 30 Jun · 21:59 IST
ICRA upgrades Keystone Realtors rating to AA- with stable outlook
RUSTOMJEE · 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
+4.9%1-day move
₹409.00
prior close
₹411.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1+0.1-0.7+4.9+5.4+4.7+2.7+1.5+3.8-1.0———
Up moveDown movePending
AI summary
ICRA has upgraded Keystone Realtors Limited's credit rating from ICRA A+ (Stable) to ICRA AA- (Stable). The upgrade covers bank facilities of about Rs 1,000 crore (term loans, overdraft, unallocated limits), Non-Convertible Debentures of about Rs 325 crore, and the issuer rating. A higher rating signals stronger financial health and lower borrowing risk.
Likely market impact
Positive for shareholders. Lower borrowing costs likely, better access to debt, and improved investor confidence in the company.