Announced Fri, 17 Jul · 13:23 IST
Fixed Deposit rating downgraded from CARE A to CARE A-
KUANTUM · 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
-1.4%1-day move
₹76.33
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.4-0.5+3.3+4.3+1.2+2.6————
Up moveDown movePending
AI summary
CareEdge Ratings has downgraded Kuantum Papers' Fixed Deposit rating from CARE A; Stable to CARE A-; Stable. The downgrade applies to the FD programme of Rs. 33.22 crore, which is already under notice of withdrawal for one year. The action is based on the company's recent operational and financial performance for FY26 (abridged). The FD programme has a tenure of less than 3 months to 36 months.
Likely market impact
Negative signal for FD holders. Downgrade indicates weakening operational and financial performance, reducing confidence in the company's creditworthiness.