Announced Tue, 18 Aug · 13:14 IST
Credit rating upgraded to IVR A-/Stable by Infomerics
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
+0.9%1-day move
₹86.00
prior close
₹83.62
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.5+0.5+0.9-2.3-2.3———————
Up moveDown movePending
AI summary
Lords Mark Industries got its bank loan credit rating upgraded by Infomerics Valuation and Rating. Long term rating upgraded to IVR A-/Stable and short term to IVR A2+. Total rated bank facilities enhanced to Rs. 260.37 Crore from Rs. 191.03 Crore. Lenders include Punjab National Bank, Bank of Baroda, Axis Bank, Canara Bank, Deutsche Bank and Bank of India. Rating valid till Aug 16, 2027.
Likely market impact
Positive. Signals stronger credit profile, likely lower borrowing costs and easier access to higher loan amounts from lenders.