Announced Fri, 26 Jun · 20:46 IST
CRISIL revises outlook to Positive on Venus Pipes; loan limit up to Rs 600 Cr
VENUSPIPES · 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
₹1690.00
prior close
₹1696.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.7-0.0+0.4+2.2+6.7+5.9+5.5+7.1+3.8+0.0———
Up moveDown movePending
AI summary
Venus Pipes and Tubes received a CRISIL rating review on June 24, 2026. Long term rating CRISIL A was affirmed, with the outlook upgraded from Stable to Positive. Short term rating CRISIL A1 was reaffirmed. Total bank loan facilities were enhanced from Rs 479 Crore to Rs 600 Crore across lenders including SBI, Axis Bank, RBL Bank, Federal Bank and Shinhan Bank.
Likely market impact
Outlook upgrade to Positive signals improving credit profile and possible future rating upgrade. Higher loan limit of about Rs 121 Crore supports growth plans. Positive for shareholders.