Announced Fri, 26 Jun · 17:16 IST
Puravankara: ICRA reaffirms A- rating on Rs 3,000 Cr facilities
Credit & Debt View source PDF
PURVA · 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
+1.5%1-day move
₹212.05
prior close
₹215.46
base price
After-mkt
timing
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+0.8+2.0+2.1+0.7+1.5+2.1+1.3+4.6+4.5+1.6+3.8———
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AI summary
ICRA has reaffirmed Puravankara's credit ratings for its Rs 3,000 crore bank facilities. Long-term rating stands at A- (Stable) and short-term at A2+. The rated facilities include term loans and overdraft limits from lenders such as SBI, HDFC Bank, ICICI Bank, Axis Bank, Standard Chartered Bank, and others. Reaffirmation means no change in the existing rating, and the Stable outlook signals no expected near-term shift.
Likely market impact
Neutral signal. Rating unchanged with Stable outlook reflects steady credit profile. No immediate impact expected for shareholders.