Announced Fri, 26 Jun · 16:57 IST
CARE assigns BBB+ Stable rating to Sharat Industries bank facilities
Credit & Debt View source PDF
SHINDL · 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
+4.7%1-day move
₹140.35
prior close
₹144.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
——+0.3—+4.7+4.7+4.3+4.0+5.8+2.9+14.0———
Up moveDown movePending
AI summary
CARE Ratings has assigned fresh credit ratings to Sharat Industries' bank facilities worth a total of Rs 149.95 crore. Long term facilities of Rs 27.95 crore got CARE BBB+ with Stable outlook. Combined long-short term facilities of Rs 112 crore got CARE BBB+ Stable and CARE A2. Short term facilities of Rs 10 crore got CARE A2. The ratings are valid for one year from June 23, 2026.
Likely market impact
Positive — investment grade BBB+ rating with Stable outlook supports borrowing capacity and lender confidence.