Announced Wed, 24 Jun · 10:34 IST
Credit rating downgraded to IVR BBB minus Stable on Rs 25 Cr facility
SHBAJRG · 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
-2.3%1-day move
₹190.01
prior close
₹196.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0+1.0+0.6-2.3+1.5+2.1-0.5+2.1+7.3-5.5-3.2——
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AI summary
Infomerics has downgraded Shri Bajrang Alliance's long-term credit rating to IVR BBB minus with Stable Outlook on its Rs 25 crore cash credit facility from HDFC Bank. The revision came after a review of FY26 operational and financial performance. The previous rating level is not specified in this filing.
Likely market impact
Negative for shareholders. Lowest investment grade rating may raise borrowing costs and signal weaker financials to lenders and investors.