Announced Mon, 7 Sept · 17:54 IST
ICRA places Oriental Hotels long-term rating on Watch with Positive Implications
ORIENTHOT · 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
+1.5%1-day move
₹138.30
prior close
₹139.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.2-0.2+0.3+1.5+0.6+2.0+0.7+0.0+3.9————
Up moveDown movePending
AI summary
ICRA reaffirmed Oriental Hotels' banking facility ratings. Long-term fund-based limits of Rs 30 crore retained at AA- but placed on Watch with Positive Implications, hinting at a possible future upgrade. Short-term non-fund based sublimit of Rs 20 crore reaffirmed at the top grade A1+.
Likely market impact
Positive rating action signals improving credit outlook, raising prospects of a near-term upgrade and stronger borrowing terms.