Announced Mon, 7 Sept, 2026 · 14:16 IST
JCR upgrades REC credit rating from BBB+ to A-, outlook stable
RECLTD · 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
-0.3%1-day move
₹318.70
prior close
₹318.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.2+0.2+0.1-0.3-1.3-1.5-1.9-3.2-2.4-8.2-6.1——
Up moveDown movePending
AI summary
Japan Credit Rating Agency (JCR) has upgraded REC Limited's long-term issuer credit rating from BBB+ to A-, while keeping the outlook Stable. REC is a Maharatna government-owned power sector financier. The upgrade signals improved creditworthiness as assessed by JCR, though ratings from other agencies remain unchanged in this filing.
Likely market impact
Rating upgrade lowers borrowing costs and reflects stronger financial profile, positive for shareholders and lenders.