ICRA keeps AA- rating unchanged; outlook moves from positive to stable

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

+5.4%Reaction day

₹288.65

prior close

₹289.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+5.6% vs market

Auto Components & Equipments peers, median of 109sector+0.4%+5.0% vs sector

On the reaction day the stock moved 5.6 pts more than Nifty Microcap 250 and 5.0 pts more than its Auto Components & Equipments 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

-0.3

10m

-0.6

15m

-0.5

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.4-0.3+5.6+0.4+5.0

Next day

+6.0+0.7+5.4+1.0+5.0

+4.5+0.6+3.9+0.5+3.9

+3.4+0.5+2.9+0.6+2.8

+5.1+1.1+4.0+0.3+4.8

+3.9+0.3+3.7-0.4+4.3

-0.2-0.2+0.0-0.6+0.5

15d

-2.0-2.2+0.3-1.6-0.4

-5.8-4.9-0.8-3.1-2.7

-12.4-7.5-4.9-7.2-5.1

-18.1-4.8-13.3-3.9-14.2

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 109Pending

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

AI summary

On 10 November 2025, ICRA reaffirmed Sterling Tools' long-term AA- rating with a stable outlook for Rs 144 crore of cash credit and Rs 32.92 crore of term loans. The outlook changed from positive to stable, so the rating itself was not upgraded. Short-term A1+ ratings for Rs 25.63 crore of unallocated limits and Rs 1.64 crore of non-fund limits were also reaffirmed. Total rated amount: Rs 204.19 crore.

Likely market impact

Unchanged high rating supports repayment capacity and credit access. The outlook moved from positive to stable; no earnings impact was disclosed.