Announced Wed, 24 Jun · 18:25 IST
ICRA reaffirms VAML credit rating at AA+ with Stable outlook
Credit & Debt View source PDF
VAML · 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
-2.2%1-day move
₹462.30
prior close
₹454.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.7-1.4-1.8-1.5-2.2-2.4-2.2-0.1-0.4-3.9-4.5-5.3——
Up moveDown movePending
AI summary
ICRA has reaffirmed Vedanta Aluminium Metal Limited's credit rating on Non-Convertible Debentures at AA+ with a Stable outlook, unchanged from the previous rating. ICRA has also assigned a credit rating for the company's Bank Facilities. The reaffirmation indicates continued strong creditworthiness and no change in the agency’s view of the company’s debt quality.
Likely market impact
Stable signal for investors. No change in rating means no immediate impact on borrowing cost or perceived credit risk.