Announced Fri, 7 Aug · 12:29 IST
CRISIL keeps AA- rating on UFLEX, shifts outlook to Negative
UFLEX · 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
+3.1%1-day move
₹479.00
prior close
₹492.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2—-0.2+0.0+3.1+3.3+3.3+3.5+0.9+26.9————
Up moveDown movePending
AI summary
CRISIL has re-affirmed UFLEX Limited credit ratings on total bank loan facilities of Rs 4,600 crore. Long-term rating stays at AA- with outlook revised from Stable to Negative, signalling potential future downgrade risk. Short-term rating reaffirmed at A1+. AA- remains investment grade but the negative outlook indicates CRISIL sees challenges ahead for the company.
Likely market impact
Rating held but negative outlook raises chance of future downgrade, which could raise borrowing costs and weigh on stock sentiment.