Announced Fri, 26 Jun · 18:10 IST
CRISIL revises Poly Medicure outlook to Positive; rating reaffirmed
POLYMED · 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
₹1650.00
prior close
₹1650.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.2-0.9-0.0+2.1+0.9+5.1+2.1+2.1-2.1+3.6———
Up moveDown movePending
AI summary
CRISIL Ratings has revised the outlook on Poly Medicure's long term bank facility rating to Positive from Stable, while reaffirming the rating at AA-. The short term rating is also reaffirmed at A1+. Total bank loan facilities rated stand enhanced at Rs 500 crore, up from Rs 400 crore earlier, spread across SBI, HSBC, HDFC Bank, and Citibank for fund based and non-fund based limits.
Likely market impact
Positive outlook signals possible future upgrade; higher credit limit of Rs 500 crore (from Rs 400 crore) reflects stronger lender confidence in the company.