Announced Thu, 25 Jun · 16:20 IST
UltraTech Cement gets AAA rating reaffirmed by CARE Ratings
Credit & Debt View source PDF
ULTRACEMCO · 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
-1.4%1-day move
₹11455.00
prior close
₹11457.00
base price
After-mkt
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AI summary
CARE Ratings reaffirmed UltraTech's bank facility ratings: AAA (Stable) on Rs 2,400 crore long-term facilities, and AAA (Stable)/A1+ on Rs 14,700 crore long-term/short-term facilities. AAA is the highest investment grade, reflecting UltraTech's market leadership with 200.1 MTPA domestic cement capacity, strong financial profile, and superior liquidity. This is a reaffirmation, not an upgrade or downgrade.
Likely market impact
Positive signal: highest AAA rating retained, reflecting strong creditworthiness and lowest default risk for lenders. No change in rating.