Announced Fri, 28 Nov · 10:18 IST
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.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
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.
Likely market impact
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.