Announced Fri, 19 Jun · 18:09 IST
CRISIL reaffirms AAA rating with Stable outlook for Motherson
MOTHERSON · 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
-1.2%1-day move
₹145.58
prior close
₹145.54
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.3-1.1-0.8-1.2-0.6+4.3+2.2+1.9+1.5-2.1-1.5——
Up moveDown movePending
AI summary
CRISIL reaffirmed Motherson's Corporate Credit Rating at AAA with Stable outlook. Non-Convertible Debentures of Rs 4,000 Crore also reaffirmed at AAA/Stable. Bank loan facilities of Rs 200 Crore were reaffirmed and withdrawn at the company's request, indicating the facility was closed.
Likely market impact
Highest AAA rating reaffirmed signals strong financial health. Closure of Rs 200 Crore bank facility points to debt reduction. Positive for shareholders.