ICRA reaffirms credit ratings on KRBL banking facilities worth Rs 2,055 crore
KRBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.5 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ICRA has reaffirmed KRBL Limited's credit ratings on its banking facilities totaling Rs 2,055 crore. The long-term fund-based working capital limits of Rs 1,540 crore retain the AA rating with stable outlook. Short-term non-fund-based limits of Rs 15 crore and commercial paper of Rs 500 crore retain the highest A1+ short-term rating. All ratings carry forward without any change, reflecting stable creditworthiness.
Stable AA long-term and top A1+ short-term ratings signal continued credit strength and low borrowing cost risk for the company and shareholders.