Announced Wed, 30 Sept, 2026 · 19:15 IST
CARE Ratings downgrades Themis Medicare bank facility ratings
THEMISMED · 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
-1.7%1-day move
₹116.50
prior close
₹116.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.4+0.9-0.3-1.7-2.2-1.9-6.0——————
Up moveDown movePending
AI summary
CARE Ratings has downgraded Themis Medicare's credit ratings. Long term bank facilities of Rs 77.39 crore moved from BBB- Negative to BB+ Stable. Short term facilities of Rs 48.50 crore moved from A3 to A4+. Action was based on FY26 audited and Q1FY27 unaudited operational and financial performance. CARE BB+ falls in speculative grade, indicating higher credit risk. Total rated facilities stand at Rs 125.89 crore.
Likely market impact
Negative - downgrade to speculative grade signals higher credit risk, may raise borrowing costs and dent investor confidence.