Announced Wed, 7 Oct, 2026 · 13:14 IST
Credit rating upgraded for subsidiary Sarda Metals & Alloys
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
-2.7%1-day move
₹502.00
prior close
₹501.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.1+0.1-2.7—————————
Up moveDown movePending
AI summary
Wholly owned subsidiary Sarda Metals & Alloys Ltd got its credit ratings upgraded. Long term rating moved from CRISIL A/Positive to CRISIL AA-/Stable. Short term rating improved from CRISIL A1 to CRISIL A1+. Total bank facilities rated stand at about 659.81 crore rupees, unchanged.
Likely market impact
Positive signal. Stronger credit profile lowers borrowing costs and boosts confidence in the group.