Announced Fri, 10 Jul · 18:59 IST
Credit rating outlook revised to Positive by CARE Ratings
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————
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AI summary
CARE Ratings has revised the outlook on Radico Khaitan's long-term bank facilities of Rs 930 crore from Stable to Positive. The long-term rating CARE AA was reaffirmed. Short-term bank facilities of Rs 60 crore were reaffirmed at CARE A1+. The improved outlook signals expected strengthening of the company's credit profile going forward.
Likely market impact
Positive signal for shareholders. Improved credit outlook may lower borrowing costs and lift investor confidence in the stock.