Announced Mon, 17 Aug · 19:53 IST
Credit rating upgraded to IND A/Stable by India Ratings
SEDEMAC · 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
-0.9%1-day move
₹3255.00
prior close
₹3268.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.1+1.3-0.8-0.9+1.2-0.2———————
Up moveDown movePending
AI summary
India Ratings upgraded SEDEMAC Mechatronics long-term bank loan rating to IND A from IND A-, Stable Outlook, while affirming short-term at IND A1. Covers facilities totaling INR 2,149.5 million including new INR 1,018.6 million limit. Driven by 35% revenue CAGR over FY21-FY26 to INR 10,584 million, EBITDA margin rising to 20.5%, and strong interest coverage at 25.4x.
Likely market impact
Positive; reflects improving financial health and credit metrics. May lower borrowing costs and is a favorable signal for shareholders.