Announced Thu, 30 Apr · 19:47 IST
India Ratings upgrades Viyash Scientific to IND AA-/Stable
VIYASH · 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
₹204.86
prior close
₹204.09
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.7+1.1+0.5-2.2+7.6+8.4+7.4+9.8+9.8+27.7+21.5+41.3—
Up moveDown movePending
AI summary
India Ratings upgraded Viyash Scientific's long-term rating on its bank facilities to IND AA-/Stable from IND A (positive outlook), and short-term rating to IND A1+ from IND A1. The upgrade covers INR 350 million in fund-based working capital limits from ICICI Bank, reflecting an improved credit profile and stronger financial standing.
Likely market impact
Rating upgrade signals stronger creditworthiness, likely lowering borrowing costs and boosting investor and lender confidence.