Announced Wed, 8 Apr · 17:59 IST
CARE Reaffirms Subsidiary's Credit Rating at A; Stable
Credit & Debt View source PDF
SARDAEN · 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
+2.5%1-day move
₹542.50
prior close
₹541.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.9+2.2+1.5+2.5+7.5+7.6+10.0+9.5+6.5+10.0+6.9-1.9-8.8
Up moveDown movePending
AI summary
CARE reaffirmed the credit rating of Sarda Energy's subsidiary, Madhya Bharat Power Corporation Ltd., for its long-term bank facilities of ₹780.76 crore. Both the existing and reaffirmed ratings stand at CARE A; Stable (Single A; Outlook: Stable), indicating no change in the creditworthiness assessment.
Likely market impact
Stable rating reaffirmation for subsidiary; no change in credit quality, positive for debt servicing confidence.