Announced Wed, 1 Jul · 19:49 IST
Shree Cement gets CARE AAA issuer rating with Stable outlook
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———
Up moveDown movePending
AI summary
CARE Ratings has assigned Shree Cement an issuer rating of AAA with a Stable outlook. AAA is the highest investment grade rating, reflecting strong financial health and very low default risk. The rating action is Assigned, indicating this is CARE Ratings first formal issuer rating for the company.
Likely market impact
Positive for shareholders. AAA Stable rating signals top credit quality, which can lower borrowing costs and support investor confidence.