Announced Wed, 30 Sept, 2026 · 18:05 IST
ICRA upgrades Paras Defence credit rating to A from A minus
PARAS · 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
-3.1%1-day move
₹1310.90
prior close
₹1308.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.5+0.1-0.8-3.1+1.4-1.9-5.1——————
Up moveDown movePending
AI summary
ICRA upgraded Paras Defence and Space Technologies credit rating to A with Stable outlook from A minus with Positive outlook. The upgrade covers long-term facilities such as cash credit and overdraft, along with non-fund based instruments including bank guarantees and letters of credit. Short-term rating A2 plus was reaffirmed for the enhanced amount.
Likely market impact
Higher rating signals stronger financial health, may lower borrowing costs and support investor confidence.