Announced Thu, 2 Jul · 17:21 IST
Credit rating of IND A1+ affirmed on bank loan facilities
Credit & Debt View source PDF
MSUMI · 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
-0.6%1-day move
₹41.31
prior close
₹41.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.9-1.1-1.4-0.6+0.1-1.2-2.5-2.8-4.0-2.9———
Up moveDown movePending
AI summary
India Ratings and Research (IND-Ra) has affirmed its highest short-term rating of IND A1+ on Motherson Sumi Wiring India's bank loan facilities of INR 6,000 million. The previous rating was also IND A1+, assigned earlier. A1+ reflects the strongest capacity to meet short-term financial commitments. The full rating rationale is available via the link shared in the filing.
Likely market impact
Stable/positive signal: highest short-term credit rating reaffirmed, indicating strong financial health and easy access to short-term borrowings.