CARE Ratings reaffirms Welspun Corp ratings; NCD upgraded to AA+

Rating UpgradedDebt PrepaidCredit & Debt View source PDF Explain this filing

WELCORP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹2577.00

prior close

₹2580.10

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%+2.0% vs market

Iron & Steel Products peers, median of 103sector-1.6%+2.5% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Smallcap 250 and 2.5 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

-1.2

15m

-1.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-1.1+2.0-1.6+2.5

Next day

-0.7-3.4+2.7-3.5+2.7

-4.7-4.4-0.3-5.1+0.3

-6.7-7.1+0.4-8.1+1.4

-9.4-6.1-3.3-8.2-1.1

-2.9-4.0+1.0-5.5+2.6

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 103Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CARE Ratings reaffirmed Welspun Corp ratings: Short Term Facilities A1+ (Rs 5,984 cr), NCD AA+ Stable (Rs 40 cr), and Commercial Paper A1+ (Rs 600 cr). Long Term Facilities of Rs 784 cr withdrawn. NCD upgraded from AA Positive to AA+ Stable. Outlook Stable. FY26 revenue Rs 16,749 cr, PBILDT Rs 2,207 cr. Order book Rs 42,000 cr. Company in net cash position.

Likely market impact

Positive for shareholders. NCD upgrade, strong order book of Rs 42,000 cr, and net cash position signal financial strength.