Announced Mon, 7 Sept · 17:20 IST
Orient Hotels: CARE places long-term rating on positive watch
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
CARE Ratings has reaffirmed Orient Hotels banking facility ratings. The long-term rating of AA- (covering about Rs 48 crore of facilities) has been placed on Rating Watch with Positive Implications, hinting at a possible future upgrade. The short-term rating of A1+ (about Rs 82 crore of facilities) has been reaffirmed. Total bank facilities under review stand at roughly Rs 130 crore.
Likely market impact
Positive watch on the long-term rating suggests potential future upgrade, signalling lender confidence. Short-term borrowing costs likely remain favourable.