Announced Sat, 11 Jul · 14:48 IST
Crisil downgrades Rudra Gas rating to BB over non cooperation
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
-5.1%1-day move
₹77.75
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.1——-6.1-7.4-9.8————
Up moveDown movePending
AI summary
Crisil downgraded Rudra Gas Enterprise long term rating to BB/Stable from BBB- and short term to A4+ from A3, both tagged Issuer Not Cooperating. The Rs 80 crore bank facilities covering bank guarantees, cash credit, and letter of credit from YES Bank and HDFC Bank were removed from Rating Watch with Developing Implications. Crisil says the company failed to share financial info despite repeated follow ups from June 2026.
Likely market impact
Negative for shareholders. Downgrade signals weak credit profile and lack of transparency, which may raise future borrowing costs.