CARE reaffirms Titan ratings, enhances commercial paper limit to Rs 7,500 cr

New Credit FacilityCredit & Debt View source PDF Explain this filing

TITAN · 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

-2.2%Reaction day

₹5000.00

prior close

₹4891.90

announcement price

In-mkt

timing

Nifty 100market-0.6%-1.5% vs market

Gems Jewellery And Watches peers, median of 29sector+0.3%-2.5% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty 100 and 2.5 pts less than its Gems Jewellery And Watches peers, 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

-0.0

10m

-0.0

15m

-0.0

30m

-0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.6-1.5+0.3-2.5

Next day

-1.9-0.5-1.4+0.7-2.6

-0.0-0.5+0.4-0.2+0.2

-1.1-0.6-0.5+1.3-2.4

+1.8-0.6+2.4+2.2-0.4

+2.4-1.0+3.4+2.7-0.3

+1.3-1.2+2.5-0.4+1.7

15d

+2.2-1.5+3.7+0.7+1.6

+0.4-3.3+3.7+5.3-4.9

-8.4-8.6+0.2+2.7-11.1

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UpDownMarket · Nifty 100Sector · Gems Jewellery And Watches peers, median of 29Pending

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

AI summary

CARE Ratings has reaffirmed Titan's credit ratings on 3 August 2026. Long term and short term bank facilities of Rs 5,525 crore retain CARE AAA Stable and CARE A1+ ratings. Short term bank facilities of Rs 11,490 crore also reaffirmed at CARE A1+. The Commercial Paper program has been enhanced from Rs 5,000 crore to Rs 7,500 crore, reaffirmed at CARE A1+.

Likely market impact

Strong reaffirmation at the highest tier signals financial health. Enhanced CP limit gives Titan more short-term funding flexibility.