SINGERIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CRISIL has reaffirmed Singer India's credit ratings on its total bank loan facilities of Rs. 45 crore. The long-term rating remains CRISIL BBB-/Stable and the short-term rating remains CRISIL A3. The facilities include cash credit, letter of credit, packing credit in foreign currency, working capital demand loan, and proposed fund-based limits, mostly with YES Bank and HSBC. The rating letter is valid until March 31, 2026. This is a routine annual review with no change in rating or outlook.
The reaffirmation signals stability in the company's credit profile and no immediate concerns about debt repayment capacity, which is neutral for existing shareholders. There is no positive or negative catalyst for the stock from this filing.