Announced Thu, 13 Aug · 18:41 IST
CARE upgrades Navin Fluorine long-term bank facility ratings
NAVINFLUOR · 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
-1.8%1-day move
₹8296.50
prior close
₹8340.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.4-0.5-1.8-0.6-0.3-0.5-1.4—————
Up moveDown movePending
AI summary
CARE Ratings upgraded Navin Fluorine International Limited's long-term bank facilities from CARE AA with a Stable outlook to CARE AA+ with a Stable outlook. Its wholly owned subsidiary's credit-enhanced facilities rose from CARE AA (CE) to CARE AA+ (CE), while unsupported facilities rose from CARE AA- to CARE AA. All outlooks remain Stable.
Likely market impact
The upgrades indicate lower perceived credit risk and may support borrowing capacity and market confidence, with a potentially positive effect on the stock.