Announced Mon, 13 Jul · 21:19 IST
Credit rating affirmed on bank loan facilities
TARIL · 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
-2.9%1-day move
₹347.20
prior close
₹347.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.1-1.2-1.6-2.9-3.8-4.6-3.9-8.6-15.5————
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AI summary
India Ratings and Research (Ind-Ra) has affirmed the credit rating on Transformers and Rectifiers (India) Limited's bank loan facilities at IND A+ with a Stable outlook. The short-term rating stands at IND A1+. An existing facility of INR 10,500 million had its rating affirmed. Additionally, a new bank loan facility of INR 5,000 million received a fresh rating assignment at IND A+/Stable/IND A1+.
Likely market impact
Rating affirmation with stable outlook signals continued financial health. New INR 5,000 million facility indicates fresh borrowing capacity.