Announced Fri, 10 Jul · 18:59 IST
CARE revises Radico Khaitan's outlook to Positive, ratings reaffirmed
RADICO · 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
-0.0%1-day move
₹4067.90
prior close
₹4068.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+0.3+0.2-0.0+0.8+0.7+0.6+1.5+1.9————
Up moveDown movePending
AI summary
CARE Ratings has reaffirmed Radico Khaitan's credit ratings on its bank facilities and revised the outlook from Stable to Positive. Long-term facilities of Rs. 930 crore retain CARE AA with Positive outlook, while short-term facilities of Rs. 60 crore are reaffirmed at CARE A1+. CARE AA is a strong investment grade rating, indicating low credit risk.
Likely market impact
Positive outlook revision signals improving credit profile, may lower future borrowing costs. Ratings reaffirmed at strong investment grade.