Announced Wed, 30 Sept, 2026 · 19:37 IST
BWR assigns BBB- Stable rating to Mehai Technology bank loans
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
-1.7%1-day move
₹1.17
prior close
₹1.17
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-0.9-1.7+0.9-0.9-4.3——————
Up moveDown movePending
AI summary
Brickwork Ratings assigned BWR BBB- with Stable outlook to Mehai Technology's bank loan facilities of Rs. 69 Crores (Rs. 67 Cr fund based, Rs. 2 Cr non-fund based) from IOB, PNB, UCO Bank and RBL. This is a first-time rating assignment. Strengths noted: strong net worth of Rs. 219 Crs, comfortable debt coverage, experienced management. Concerns: around 98 percent revenue from West Bengal, promoter stake dilution.
Likely market impact
Investment grade rating signals reasonable creditworthiness. First-time BWR assignment with stable outlook is broadly neutral for the stock.