Announced Wed, 19 Aug · 17:12 IST
Crisil revises outlook to Positive; ratings reaffirmed
SPORTKING · 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
+1.4%1-day move
₹210.00
prior close
₹211.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6-0.7+0.4+1.4—————————
Up moveDown movePending
AI summary
Crisil revised Sportking's long-term rating outlook from Stable to Positive while reaffirming the rating at Crisil A+ on Rs 935 crore bank facilities. Short-term rating Crisil A1 reaffirmed on Rs 65 crore. Total facilities rated: Rs 1,000 crore. Outlook upgrade reflects strong demand, 95-97% capacity utilisation, and Odisha expansion adding about 40% spindle capacity by FY28. FY26 revenue Rs 2,503 crore, PAT Rs 120 crore. Operating margin expected to rise to 15-16% in FY27.
Likely market impact
Positive outlook upgrade signals improving credit profile and business strength; supportive for stock sentiment.