Announced Wed, 2 Sept, 2026 · 16:04 IST
Crisil upgrades Sterlite Technologies long-term rating to AA from AA-
STLTECH · 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
+5.0%1-day move
₹713.05
prior close
₹714.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.7+0.2+1.6+5.0+10.3+15.8+21.4+20.3+19.6+17.6+40.7——
Up moveDown movePending
AI summary
Sterlite Technologies has received a credit rating upgrade from Crisil. Long-term instruments including bank loan facilities of Rs 3564 crore (reduced from Rs 4045 crore) and three non-convertible debentures totalling Rs 390 crore have been upgraded from AA-/Stable to AA/Stable. Commercial paper of Rs 100 crore was reaffirmed at A1+, while Rs 700 crore commercial paper rating was withdrawn. The upgrade signals improved financial strength.
Likely market impact
Lower borrowing costs likely, positive signal for lenders and investors. Positive for shareholder confidence.