Announced Tue, 7 Jul · 16:23 IST
Ind-Ra downgrades Kuantum Papers ratings to IND A-/Stable
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
-0.5%1-day move
₹76.03
prior close
₹76.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2——-0.5+0.1+0.3+1.1+0.9+0.6————
Up moveDown movePending
AI summary
India Ratings has downgraded Kuantum Papers credit ratings. Long-term bank loan rating cut to IND A-/Stable from IND A, short-term to IND A2+ from IND A1 on INR 10,705.10 million facilities. Fixed deposit rating also downgraded to IND A-/Stable on INR 330 million. New INR 708.30 million bank facilities assigned at IND A-/Stable. Outlook remains Stable.
Likely market impact
Negative signal. Lower credit rating may raise borrowing costs and signal weaker financial profile, though outlook stays Stable.