Announced Tue, 30 Jun · 18:08 IST
Credit rating upgraded from BBB+ to A- by CARE Ratings
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 revised the long-term bank facilities rating of Texmaco Infrastructure & Holdings Limited upward from CARE BBB+ (Stable) to CARE A- (Stable). The upgrade reflects improved creditworthiness of the company as assessed by the rating agency. The intimation was made under SEBI Listing Regulations.
Likely market impact
Positive signal for shareholders; lower borrowing costs likely and improved financial credibility may support stock sentiment.