Credit rating received from the Crisil Ratings Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.3 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
CRISIL Ratings has upgraded Lehar Footwears' credit ratings covering aggregate bank borrowings of ₹78 crore. The long-term rating moved up to CRISIL BBB/Stable from CRISIL BBB-/Stable. The short-term rating improved to CRISIL A3+ from CRISIL A3. Both upgrades reflect improved assessment of the company's creditworthiness by CRISIL.
A rating upgrade signals stronger financial health and lower perceived credit risk, which could help the company borrow at better interest rates and improve investor confidence in the stock.