Announced Tue, 23 Jun · 13:58 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
₹508.85
base price
In-mkt
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AI summary
CRISIL Ratings has reaffirmed Somany Ceramics credit ratings on bank facilities worth Rs 425 crore. Long-term facilities retained at AA-/Stable, short-term facilities retained at A1+. Ratings cover cash credit and letter of credit limits across Kotak Mahindra, ICICI, HDFC Bank, and Punjab National Bank, plus Rs 210 crore proposed fund-based limits.
Likely market impact
Ratings held steady, signaling continued strong creditworthiness, stable borrowing profile, and no change in funding cost outlook for the company.