TATACONSUMNSETATA CONSUMER PRODUCTS LIMITEDMediumNeutral
Announced Mon, 27 Apr · 21:14 IST

TATA CONSUMER PRODUCTS LIMITED has informed the Exchange about Credit Rating

Credit & Debt View source PDF

TATACONSUM · price

Loading chart…

▲ 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
+0.9%1-day move
₹1160.00
prior close
₹1150.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.7+0.3+0.1+0.9-1.1-0.3-0.8-0.9+1.4+4.3+1.2-3.9-6.3
Up moveDown movePending
AI summary

ICRA Limited has reaffirmed Tata Consumer Products' credit ratings at the highest levels. The long-term rating remains [ICRA] AAA (Stable) for bank working capital facilities of Rs 850 crore, while the short-term rating stays at [ICRA] A1+ for Rs 1,500 crore commercial paper programme and short-term interchangeable limits. No changes were made to any ratings or rated amounts. The reaffirmation indicates the rating agency sees no material change in the company's creditworthiness or ability to service its debt obligations.

Likely market impact

The reaffirmation of AAA and A1+ ratings is positive for shareholders, signalling strong financial health and low credit risk. This should support investor confidence and potentially favourable borrowing costs for the company.