Announced Wed, 8 Jul · 13:32 IST
CARE assigns A+ Stable rating to proposed NCDs worth Rs 250 Crore
SHAREINDIA · 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
+8.3%1-day move
₹164.91
prior close
₹182.31
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3-0.0-0.5-2.4+8.3+8.5+8.2+7.5+5.9+7.5————
Up moveDown movePending
AI summary
CARE Ratings has assigned a credit rating of CARE A+ with Stable outlook to Share India Securities Limited's proposed Non-Convertible Debentures amounting to Rs 250 Crore. The rating action is 'Assigned', meaning this is an initial rating for the new debt instrument. The company is a member of NSE, BSE, MCX, NCDEX and MSEI, and is a SEBI-registered research analyst and portfolio manager.
Likely market impact
A+ Stable rating signals adequate credit quality and repayment capacity, supporting the company's planned debt raise at favourable terms.