Announced Fri, 10 Jul · 18:04 IST
ICRA reaffirms ratings; bank facilities enhanced to Rs 116.82 Cr
REMSONSIND · 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
-6.0%1-day move
₹80.90
prior close
₹80.57
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5—+1.1+0.9-6.0-3.1-3.0-3.6+1.4-1.4————
Up moveDown movePending
AI summary
ICRA has reaffirmed credit ratings on Remsons Industries' bank facilities worth Rs 116.82 crore. Long-term facilities of Rs 97.70 crore retain ICRA BBB plus with Stable outlook, and short-term facilities of Rs 19.12 crore keep ICRA A2 rating. Several limits were enhanced along with the reaffirmation, indicating increased lender support.
Likely market impact
Stable ratings with enhanced limits signal continued lender confidence and improved borrowing capacity, mildly positive for the stock.