Credit rating upgraded to IND A/Stable by India Ratings

Rating UpgradedCredit & Debt View source PDF Explain this filing

SKYGOLD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹370.00

prior close

₹375.55

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-1.0% vs market

Gems Jewellery And Watches peers, median of 26sector-0.1%+0.1% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.1 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.4

15m

-0.4

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+1.0-1.0-0.1+0.1

Next day

+2.2+1.3+0.9-0.5+2.7

-1.1-0.2-1.0-1.8+0.7

-2.5-0.3-2.2-2.1-0.3

+0.0-0.2+0.2-3.5+3.5

-1.8-1.4-0.3-3.0+1.3

-2.7-1.0-1.7-3.3+0.6

15d

-8.0-6.3-1.7-11.4+3.4

-9.2-9.0-0.2-15.3+6.1

+14.8+3.5+11.3-3.5+18.3

+19.2+4.6+14.6-9.4+28.6

UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 26Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

India Ratings upgraded Sky Gold's long-term rating from IND A-/Stable to IND A/Stable and short-term rating from IND A2+ to IND A1. Bank loan facilities of INR 4,500 million upgraded, plus INR 3,260 million newly assigned, taking total rated limits to INR 7,760 million. Upgrade driven by 103% revenue growth in FY25, EBITDA rising to INR 1,964 million, and net leverage improving to 2.3x. Outlook remains Stable.

Likely market impact

Positive signal on financial health and creditworthiness; may lower borrowing costs and improve investor confidence.