Announced Tue, 30 Jun · 17:59 IST
CARE Ratings upgrades Texmaco Infra long-term rating to A minus
TEXINFRA · 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
+3.7%1-day move
₹108.03
prior close
₹108.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+1.9+1.9—+3.7+4.2+7.7+6.5+5.6+6.0+5.1———
Up moveDown movePending
AI summary
CARE Ratings has upgraded Texmaco Infrastructure and Holdings Ltd's long-term bank facilities rating from CARE BBB+ with stable outlook to CARE A minus with stable outlook. The revision reflects improved credit risk perception by the rating agency, indicating stronger financial profile and better ability to service debt.
Likely market impact
Higher rating may reduce borrowing costs, ease bank funding access, and signal improved financial health to investors.