Polycab India Limited has informed the Exchange about Credit Rating- Revision

Credit rating upgradedCredit & Debt View source PDF Explain this filing

POLYCAB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹6685.00

prior close

₹6744.50

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.1%+2.2% vs market

Cables - Electricals peers, median of 9sector+0.2%+3.2% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Midcap 150 and 3.2 pts more than its Cables - Electricals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.3

15m

+0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+1.1+2.2+0.2+3.2

Next day

+3.7+0.9+2.7-0.1+3.8

+1.6+0.0+1.6-1.7+3.3

+3.2+0.3+2.9-1.8+4.9

+0.9-1.1+2.1-3.9+4.8

+0.8-0.5+1.3-3.8+4.7

+3.8-0.1+3.9-5.2+9.0

15d

+5.8+0.1+5.6-3.9+9.6

+8.5+0.3+8.1-1.2+9.6

+14.1+2.2+11.9-4.9+19.0

+13.1+5.0+8.1+0.5+12.6

UpDownMarket · Nifty Midcap 150Sector · Cables - Electricals peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Polycab India Limited has received an upgrade in its long-term credit rating from India Ratings & Research (IND-Ra). The rating has been revised from 'IND AA+/Positive' to 'IND AAA/Stable', which is the highest investment-grade rating on the Indian scale. Additionally, the short-term bank facility rating has been reaffirmed at 'IND A1+', also the top tier. The upgrade reflects improved confidence in Polycab's financial strength, business profile, and ability to meet debt obligations.

Likely market impact

This is a positive development for shareholders — the highest AAA rating signals strong financial health, lower borrowing costs, and enhanced credibility with lenders and investors, which may support the stock's valuation.