Announced Tue, 23 Jun · 12:36 IST
CRISIL reaffirms Somany Ceramics ratings at AA-/Stable and A1+
Credit & Debt View source PDF
SOMANYCERA · 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
-0.6%1-day move
₹521.00
prior close
₹510.55
base price
In-mkt
timing
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AI summary
CRISIL has reaffirmed Somany Ceramics credit ratings on its Rs 425 crore bank facilities. Long-term facilities kept at CRISIL AA minus with Stable outlook; short-term at CRISIL A1 plus. No change in ratings. Rating letter valid till March 31, 2027. Facilities include cash credit and letter of credit lines from Kotak, ICICI, HDFC Bank and PNB.
Likely market impact
High investment grade ratings reaffirmed with stable outlook, signaling continued strong creditworthiness and low default risk for the company.