Announced Thu, 10 Sept, 2026 · 10:50 IST
CRISIL upgrades Ratnamani Metals long-term rating to AA+, stable
RATNAMANI · 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
-1.3%1-day move
₹2863.00
prior close
₹2824.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.3+0.1+0.7-1.3-4.5-5.9-5.2-0.7-2.9-9.9———
Up moveDown movePending
AI summary
CRISIL upgraded Ratnamani Metals long-term bank loan rating to AA+/Stable from AA/Positive and reaffirmed short-term rating at A1+ on Rs 2,200 crore facilities. Upgrade reflects stronger business profile, record Rs 4,900 crore order book, net cash of Rs 988 crore, low gearing of 0.07 times, and 17 percent operating margin. FY26 revenue Rs 4,498 crore.
Likely market impact
Positive signal. Higher credit rating reflects strong financial health and may lower future borrowing costs. Likely to be viewed favorably by the market.