Announced Wed, 15 Jul · 23:06 IST
Piramal Finance gets BBB rating with Stable outlook from two agencies
Credit & Debt View source PDF
PIRAMALFIN · 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
-1.6%1-day move
₹2174.70
prior close
₹2200.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-1.2-0.8-1.6-0.8+0.6-0.9-3.1-6.2————
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AI summary
Piramal Finance has been assigned a BBB credit rating with a Stable outlook by Japan Credit Rating Agency (JCR) and Rating and Investment Information (R&I). BBB is an investment grade rating indicating moderate credit risk. The Stable outlook means the agencies do not expect any near term change in the company credit profile.
Likely market impact
Investment grade rating with Stable outlook supports borrowing ability and may help keep funding costs steady for the company.