SAPPHIREBSESAPPHIRE FOODS INDIA LTDMediumNeutral
Announced Wed, 30 Sept, 2026 · 23:56 IST

ICRA upgrades Sapphire Foods credit rating to A+ from A

Rating UpgradedCredit & Debt View source PDFExplain this filing

SAPPHIRE · price

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▲ 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
+0.8%1-day move
₹210.95
prior close
₹210.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.8-2.3-1.3+0.8+1.9+1.9-3.1——————
Up moveDown movePending
AI summary

ICRA upgraded Sapphire Foods India ratings on Rs 200 crore debt facilities. Long-term rating moved from A to A+, and short-term from A2+ to A1. Applies to term loan from HDFC Bank (Rs 102.02 cr), non-fund limits, working capital, and unallocated limits. Ratings remain on Watch with Developing Implications.

Likely market impact

Positive — upgraded rating lowers borrowing costs and signals stronger financial profile. Watch with Developing status keeps further revision possible.