Announced Thu, 2 Jul · 17:35 IST
Orient Ceratech credit ratings reaffirmed and withdrawn by CARE Ratings
Credit & Debt View source PDF
ORIENTCER · 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
+2.1%1-day move
₹40.64
prior close
₹40.56
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+1.9——+2.1-1.3+3.3+1.4+4.7+3.3+0.9———
Up moveDown movePending
AI summary
CareEdge Ratings has reaffirmed and withdrawn credit ratings for Orient Ceratech's bank facilities at the company's request. Long-term bank facility stood at CARE BBB+ with Stable outlook and short-term at CARE A2. Both ratings were kept at their existing levels before being withdrawn under CareEdge's withdrawal policy. No change in the rating level itself.
Likely market impact
Neutral event; existing ratings were unchanged before withdrawal, but public credit rating visibility is removed going forward.