SUDARSCHEMNSESudarshan Chemical Industries Limited· Dyes And PigmentsMediumNeutral
Announced Thu, 16 Apr · 17:11 IST

Sudarshan Chemical Industries Limited has informed the Exchange about Credit Rating

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SUDARSCHEM · price

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▲ 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
-3.8%1-day move
₹861.80
prior close
₹872.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.7-0.8+0.4-3.8-0.9+5.6+4.0+1.0+4.3+5.0-1.3+4.4+20.1
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AI summary

CRISIL (S&P Global) has reaffirmed Sudarshan Chemical's credit rating at 'Crisil A1+' for its Rs. 50 crore Commercial Paper programme. The rating, which represents the highest short-term credit rating category, remains unchanged from the previous assessment. This reaffirmation applies to the company's existing commercial paper facility with no modifications to the rating outlook.

Likely market impact

The reaffirmation of the highest short-term credit rating signals the company's continued financial strength and ability to meet debt obligations, which is a positive indicator for investors in its commercial paper and overall creditworthiness.