Announced Mon, 6 Jul · 17:06 IST
CRISIL re-affirms A1+ rating on Sundram Fasteners short-term debt
Credit & Debt View source PDF
SUNDRMFAST · 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
-0.3%1-day move
₹937.90
prior close
₹948.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-0.9-0.6-0.3-0.1+0.5+2.6+2.4+3.3————
Up moveDown movePending
AI summary
Sundram Fasteners received a re-affirmation of CRISIL A1+ rating for its short-term debt and commercial paper. A1+ is CRISIL's highest short-term rating, indicating strongest ability to meet short-term financial commitments. This is not an upgrade but a maintenance of the existing rating.
Likely market impact
Rating held at highest short-term grade signals strong creditworthiness; positive for borrowing costs but largely already priced in.