Announced Sat, 4 Jul · 14:36 IST
CRISIL upgrades Rajputana Stainless credit ratings to BBB plus Stable
RSL · 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
+0.8%1-day move
₹129.94
prior close
₹132.00
base price
After-mkt
timing
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Up moveDown movePending
AI summary
CRISIL has upgraded Rajputana Stainless credit ratings on its Rs 165 crore bank loan facilities. Long-term rating improved from BBB/Stable to BBB+/Stable, and short-term rating moved up from A3+ to A2. Banks involved include SBI, IDBI Bank, and Axis Finance. The upgrade signals stronger financial health and better ability to service debt.
Likely market impact
Positive for shareholders. Signals improved creditworthiness, may lower borrowing costs and boost lender confidence in the company.