Announced Sat, 25 Jul · 09:59 IST
CARE Ratings reaffirms Polyspin Exports bank facility ratings at BB+ Stable and A4+
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
-3.8%1-day move
₹29.16
prior close
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base price
After-mkt
timing
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AI summary
CARE Ratings has reaffirmed Polyspin Exports credit ratings on its bank facilities. Long term facilities of Rs. 23.53 crores reaffirmed at CARE BB+ with Stable outlook, reduced from Rs. 24.35 crores. Short term facilities of Rs. 111.95 crores reaffirmed at CARE A4+, reduced from Rs. 112.22 crores. Total rated facilities stand at Rs. 135.48 crores. CARE BB+ remains in speculative grade territory.
Likely market impact
No rating change; Stable outlook on BB+ confirms steady credit profile, though still in below-investment grade zone.