Announced Wed, 9 Sept, 2026 · 13:58 IST
CARE revises Visaka outlook to Stable, reaffirms A+ rating
VISAKAIND · 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
₹93.00
prior close
₹91.78
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1-0.2-0.0-1.4-2.6-5.1-6.0-2.1+2.6-10.5———
Up moveDown movePending
AI summary
CARE Ratings reaffirmed Visaka Industries credit ratings and revised the outlook from Negative to Stable. Long-term bank facilities of Rs 351.33 Cr (reduced from Rs 414.91 Cr) and fixed deposits of Rs 25 Cr kept at CARE A+; Stable. Short-term bank facilities of Rs 185.04 Cr reaffirmed at CARE A1+, and a new Rs 6 Cr short-term facility assigned CARE A1+. Outlook revision signals easing of earlier credit risk concerns.
Likely market impact
Outlook upgrade from Negative to Stable improves sentiment, easing earlier credit risk worries. No rating letter upgrade, but positive for lenders and shareholders.