Announced Fri, 21 Aug, 2026 · 17:10 IST
CRISIL reaffirms A1+ rating; Nuvoco cuts Commercial Paper limit by Rs 600 cr
NUVOCO · 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
+0.5%1-day move
₹321.55
prior close
₹321.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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Up moveDown movePending
AI summary
CRISIL reaffirmed A1+ rating on Nuvoco's Commercial Paper programme. Company voluntarily cut its rated CP limit from Rs 1,700 cr to Rs 1,100 cr (down Rs 600 cr); CRISIL withdrew the rating on the reduced portion. CRISIL also reaffirmed AA/AA-/Stable/A1+ ratings on existing bank facilities and debt instruments. No rating change.
Likely market impact
Stable credit profile; company voluntarily trimmed short-term borrowing limit by Rs 600 cr, signalling lower reliance on commercial paper debt.