Announced Thu, 13 Aug · 16:41 IST
Credit rating upgraded to CARE BBB- with Stable outlook
UGARSUGAR · 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
+13.1%1-day move
₹46.25
prior close
₹48.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.0+4.2+3.3+0.6+13.1+10.4+9.6+22.8+22.3—————
Up moveDown movePending
AI summary
CareEdge Ratings upgraded Ugar Sugar Works long-term bank facility rating of Rs 700 crore from CARE BB+; Negative to CARE BBB-; Stable. Outlook revised from Negative to Stable. The upgrade reflects 11 percent revenue growth to Rs 1490.22 crore in FY26, PBILDT margin expansion of about 370 basis points, and better sugar realisations. Company swung from Rs 16.25 crore loss in FY25 to Rs 13.61 crore profit in FY26. Fixed deposit rating withdrawn at company request.
Likely market impact
Positive - signals improved financial health and debt servicing capacity, which may lower future borrowing costs for the company.