Announced Thu, 9 Jul · 12:50 IST
Yasho Industries gets ICRA A- credit rating for Rs 500 crore facilities
YASHO · 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
+4.3%1-day move
₹2916.00
prior close
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base price
In-mkt
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AI summary
ICRA has assigned Yasho Industries a credit rating of A- (Stable) with A2+ for short-term, covering bank facilities worth Rs 500 crore. The company describes this as an upgrade. Facilities include term loans of Rs 218.25 crore, fund-based and non-fund-based limits of Rs 225 crore, and unallocated limits of Rs 56.75 crore across Axis Bank, HSBC, Saraswat Bank, and SVC Bank.
Likely market impact
Positive for credit profile. A- is investment grade, signalling adequate capacity to meet debt obligations, which may support lower borrowing costs.