Announced Wed, 1 Jul · 20:21 IST
Crisil removes rating from Watch Negative; outlook stays Negative
Credit & Debt View source PDF
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
-0.6%1-day move
₹749.50
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.6-1.3-4.1-6.5-4.9-1.3-5.7———
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AI summary
Crisil has reaffirmed Riddhi Siddhi Gluco Biols credit ratings at BBB- for long term loans and A3 for short term loans. The earlier Watch with Negative Implications tag has been removed, though the outlook stays Negative. The company clarifies this is not a downgrade, responding to BSE's query on the matter.
Likely market impact
Rating reaffirmed, not downgraded as BSE had flagged. Negative outlook remains, signaling continued credit pressure on the company.