Announced Fri, 7 Aug · 20:29 IST
Credit rating reaffirmed, outlook revised to Stable from Negative
WALCHANNAG · 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
+0.2%1-day move
₹231.00
prior close
₹231.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.1-1.1-1.3+0.2+1.3-2.4-1.9-3.5-4.2————
Up moveDown movePending
AI summary
Acuite Ratings reaffirmed Walchandnagar Industries' bank facility ratings at BB (long-term) and A4+ (short-term) on Rs 514.51 crore outstanding. The outlook was revised from Negative to Stable, citing about 6% revenue growth in FY26 and a positive EBITDA versus prior year losses. A proposed Rs 120.49 crore facility rating was withdrawn at issuer's request. Liquidity remains stretched with negative cash accruals met via share warrant proceeds.
Likely market impact
Positive outlook revision eases near-term downgrade risk, though BB stays speculative grade and stretched liquidity, negative cash accruals remain key watchpoints.