Announced Wed, 1 Jul · 16:04 IST
Shree Cement Credit Ratings Reaffirmed at AAA by CARE
Credit & Debt View source PDF
SHREECEM · 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
+3.4%1-day move
₹25885.00
prior close
₹26020.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.4+0.2+0.2+3.4+3.0+2.6+0.3+1.5+2.0+3.2———
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AI summary
CARE Ratings reaffirmed Shree Cement's highest credit ratings: AAA with Stable outlook on long-term bank facilities of Rs 3,095.42 crore and NCDs of Rs 700 crore, and A1+ on short-term bank facilities of Rs 2,500 crore and commercial paper of Rs 1,000 crore. Ratings were maintained, not changed.
Likely market impact
Highest possible ratings reaffirmed, signalling strong financial health and low default risk. Positive for borrowing costs and investor confidence.