Announced Tue, 29 Sept, 2026 · 12:01 IST
CARE assigns AA-/A1+ ratings after parent guarantee release
WELSPLSOL · 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
+0.1%1-day move
₹53.80
prior close
₹53.09
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.2-0.5+0.1-2.0-2.9-3.3-4.8—————
Up moveDown movePending
AI summary
CARE assigned AA-; Stable/A1+ ratings to Welspun Specialty's bank facilities of 300 crore total and reaffirmed A1+ on 50 crore commercial paper. The earlier AA+ (CE) rating was backed by a parent guarantee from Welspun Corp, now released. FY26 income 895 crore, PAT 23 crore, gearing 0.41x.
Likely market impact
Effective downgrade from AA+ (with parent guarantee) to AA- standalone after Welspun Corp released corporate guarantee. Investment grade retained.