Announced Thu, 1 Oct, 2026 · 18:20 IST
CARE upgrades Tinna Rubber credit rating to BBB with Stable outlook
TINNARUBR · 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
+1.6%1-day move
₹940.60
prior close
₹938.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.0+0.7+0.4+1.6-1.1-6.0———————
Up moveDown movePending
AI summary
CARE Ratings upgraded Tinna Rubber's credit rating on Rs 237.76 crore of bank facilities. Long-term rating moved from BBB- to BBB with Stable outlook; short-term rating improved from A3 to A3+. Upgrade reflects FY26 audited and Q1FY27 unaudited performance. Long-term facility limit also raised from Rs 137.86 cr to Rs 220.76 cr.
Likely market impact
Positive for shareholders. Signals stronger financial profile and may lead to lower future borrowing costs for the company.