Credit rating upgraded to IND BBB plus Stable with Watch removed

Rating UpgradedCredit & Debt View source PDF Explain this filing

RUBYMILLS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹201.79

prior close

₹203.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.5% vs market

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.3

10m

+3.0

15m

+3.7

30m

+3.4

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.8+0.3+0.5

Next day

-0.9-1.1+0.2

-3.3-1.3-2.0

-5.3-1.1-4.2

-4.9-2.4-2.4

-5.8-2.2-3.6

-10.8-3.0-7.8

15d

-2.4-7.5+5.1

+0.1-7.4+7.6

+15.2+1.9+13.3

+11.5+3.6+7.9

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

India Ratings upgraded Ruby Mills bank loan facilities of INR 2,482 million to IND BBB plus Stable from IND BBB with developing implications. Watch removed. Additional INR 1,357.70 million facilities rated IND BBB plus Stable. FY25 revenue was INR 2,423 million with EBITDA of INR 454 million. Leverage rose to 4.91x. Positives: MOA closure in Dec 2025, reputed tenants like Ernst and Young. Concerns: stretched metrics, working capital at 379 days, pending Enforcement Directorate attachment case.

Likely market impact

Positive rating upgrade improves borrowing profile and signals stronger standing, though stretched leverage and ED case limit further upside.