Debt reduction & upgrades

Balance sheets getting lighter, on the record: debt prepaid ahead of schedule and rating upgrades inside the window — events that happened, not intentions announced on a call. Downgrades and restructurings from the same window are in the mirror view.

In the same window: 117 companies with downgrades & restructuring. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Radico KhaitanBreweries & DistilleriesCredit rating outlook revised to Positive by CARE Ratings10 Jul 2026Rating Upgraded×2-0.0% +1.9% +14.9%₹4,64062,126 Cr92.9vs 25.922.1%-50.0%
GMR AirportsAirport & Airport servicesCARE Ratings upgrades GMR Airports credit rating to A+ Positive10 Jul 2026Rating Upgraded+0.9% -2.5% -8.5%₹99.631.05 L Cr203.30.8%+7.3%
Federal BankPrivate Sector BankFederal Bank gets first-ever S&P international rating at BBB-/A-39 Jul 2026Rating Upgraded+1.4% +8.7% +9.3%₹36188,961 Cr36.5vs 24.9
Sterlite TechnologiesSTLTECHICRA upgrades long-term credit rating from AA- to AA with Stable outlook7 Jul 2026Rating Upgraded×3-0.2% -7.2% +13.7%₹62630,674 Cr363.93.0%+39.4%
Mtar TechnologiesOther Electrical EquipmentICRA upgrades MTAR Technologies credit rating to A+ with stable outlook7 Jul 2026Rating Upgraded×2-0.6% -13.3% -1.4%₹7,02021,593 Cr136.7vs 25.212.4%+125.7%
PNB Housing FinHousing Finance CompanyCARE reaffirms PNB Housing Finance AAA rating across all facilities3 Jul 2026Rating Upgraded×5+4.0% +3.7% +8.0%₹1,17030,492 Cr13.4vs 13.9+2.5%
Kalpataru Project IntCivil ConstructionIndia Ratings upgrades Kalpataru Projects debt to IND AA+/Stable3 Jul 2026Rating Upgraded-2.6% -6.5% -7.0%₹1,40724,032 Cr20.5vs 15.415.0%+19.1%
Adani Total GasLPG/CNG/PNG/LNG SupplierCRISIL upgrades Adani Total Gas ESG rating to 66 from 613 Jul 2026Rating Upgraded-1.3% -0.8% -8.3%₹64570,970 Cr108.6vs 17.311.8%+7.5%
SagilityIT Enabled ServicesSagility announces partial redemption of unlisted debentures3 Jul 2026Debt Prepaid×2+1.3% +2.7% +7.2%₹43.3620,289 Cr19.4vs 19.611.6%+22.1%
Anthem BiosciencesBiotechnologyICRA upgrades Anthem Biosciences long-term credit rating to AA with stable outlook3 Jul 2026Rating Upgraded×20.0% -3.0% +7.1%₹87048,841 Cr263.5vs 61.026.6%+11.1%
HFCLTelecom - InfrastructureSubsidiary HTL credit rating upgraded from BBB+ to A with Positive Outlook2 Jul 2026Rating Upgraded×4+9.3% +2.9% -2.4%₹22834,845 Cr60.6vs 12.67.8%+74.8%
JSW InfrastructurePort & Port servicesMoody's assigns Investment Grade Baa3 rating to JSW Infrastructure2 Jul 2026Rating Upgraded-1.0% +5.1% +0.8%₹33770,209 Cr46.8vs 14.610.2%+20.3%
Patanjali FoodsEdible OilICRA upgrades Patanjali Foods long-term rating to AA- from A+1 Jul 2026Rating Upgraded×2+1.0% +1.0% -11.1%₹34837,858 Cr17.0vs 18.910.3%+13.8%
Craftsman AutomationAuto Components & EquipmentsCrisil revises outlook to Positive for Craftsman Automation and DR Axion30 Jun 2026Rating Upgraded×3-1.5% -1.0% +6.7%₹10,63325,369 Cr56.7vs 26.99.0%+11.2%
Adani Port & SezPort & Port servicesESG rating upgraded by CRISIL to Strong category30 Jun 2026Rating Upgraded×3+3.5% +1.1% -6.7%₹1,7003.92 L Cr29.8vs 14.68.6%+17.1%
Avenue SupermartsDiversified RetailDMART redeems Rs 500 Cr Commercial Paper at maturity29 Jun 2026Debt Prepaid×2-0.8% -6.2% -10.5%₹3,9062.55 L Cr84.0vs 31.515.9%+6.0%
TVS Motor Company2/3 WheelersCARE Ratings upgrades TVS Motor's long-term rating to AAA; Stable25 Jun 2026Rating Upgraded-3.0% +1.9% +13.9%₹4,3902.09 L Cr64.7vs 37.419.9%+7.1%
Titan CompanyGems Jewellery And WatchesTitan Company redeems commercial paper25 Jun 2026Debt Prepaid×3-0.3% +6.6% +10.0%₹5,0864.53 L Cr79.5vs 20.332.7%+43.8%
Bharti AirtelTelecom - Cellular & Fixed line servicesBharti Airtel credit rating upgraded to BBB+ by S&P24 Jun 2026Rating Upgraded×3-1.5% +2.5% +1.5%₹1,94611.86 L Cr40.6vs 23.111.9%+6.2%
Samvrdhna MTHRSN IntlAuto Components & EquipmentsCRISIL reaffirms AAA rating with Stable outlook for Motherson19 Jun 2026Debt Prepaid×2-1.2% +1.5% -1.5%₹1691.79 L Cr35.4vs 26.98.2%+13.7%
L&T Technology Ser.IT Enabled ServicesLTTS ESG rating upgraded to 'Leadership' by CRISIL16 Jun 2026Rating Upgraded×2+1.8% -1.9% +2.5%₹3,59538,109 Cr30.0vs 19.621.1%-4.1%
Vodafone IdeaTelecom - Cellular & Fixed line servicesVodafone Idea Limited has informed the Exchange about Disclosure under Regulation 30(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding Revision in Credit Rating / Outlook (Upgrade)2 Jun 2026Rating Upgraded×2+6.8% +1.9% +3.4%₹13.941.51 L Cr4.2vs 23.122.7%+1.2%
Reliance IndustriesRefineries & MarketingUpgradation of rating issued by Moody''s with respect to the Senior Unsecured US$ Denominated Fixed Rate Notes of the Company, from "Baa2" with a "Stable" outlook to "Baa1" with a "Stable" outlook.29 May 2026Rating Upgraded×2-0.1% -4.8% -1.1%₹1,31617.81 L Cr25.0vs 5.27.5%+15.3%
Tata Consultancy Serv LTComputers - Software & ConsultingTata Consultancy Services Limited has informed the Exchange regarding 'Credit Rating'.29 May 2026Rating Upgraded×2+8.6% -4.6% -12.1%₹2,3028.33 L Cr17.7vs 19.553.9%+7.5%
Tata SteelIron & SteelTata Steel Limited has informed the Exchange about Credit Rating29 May 2026Rating Upgraded×2+0.3% -5.4% -12.0%₹1832.28 L Cr20.3vs 16.67.6%+7.8%
HSG & Urban Dev CorpnFinancial InstitutionCredit Rating by CARE Ratings Limited29 May 2026Debt Prepaid×2-1.2% -0.7% +2.0%₹18637,279 Cr9.1vs 11.7+10.7%
Netweb Tech IndiaIT Enabled ServicesCredit Rating26 May 2026Rating Upgraded×2+6.3% +21.6% +16.6%₹5,56931,708 Cr127.0vs 19.637.5%+154.7%
Aether IndustriesSpecialty ChemicalsIn accordance with Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith submit the Credit rating, as annexed.26 May 2026Rating Upgraded+2.2% +5.8% +24.4%₹1,62121,501 Cr90.7vs 30.011.4%+10.9%
WockhardtPharmaceuticalsICRA Limited has upgraded the Credit Rating as given below: Long Term- Fund Based- Term Loan- Present Rating- A- (Stable); Previous Rating- BBB (Positive) Long Term/ Short Term- Fund ....21 May 2026Rating Upgraded×2-2.2% +22.3% +24.9%₹1,88830,586 Cr68.2vs 28.53.4%+23.4%
Bajaj Auto2/3 WheelersBajaj Auto Limited has informed the Exchange about termination of loan agreements entered into by Bajaj Auto International Holdings BV, a wholly owned subsidiary of Bajaj Auto Limited and Bajaj Auto International Holdings AG, a step-down wholly owned subsidiary of Bajaj Auto Limited.18 May 2026Debt Prepaid×4+2.7% +2.9% -1.1%₹11,7003.27 L Cr25.5vs 37.423.1%+13.3%
Idfc First BankPrivate Sector BankCredit Rating re-affirmed by ICRA16 May 2026Debt Prepaid+0.0% +6.2% +15.2%₹86.7574,620 Cr94.3vs 24.9
Indian Oil CorpRefineries & MarketingIndian Oil Corporation Limited has informed the Exchange about Credit Rating- New16 May 2026Rating Upgraded+0.1% +6.8% +8.5%₹1361.87 L Cr3.4vs 5.217.1%+14.8%
Syrma SGS TechnologyIndustrial ProductsSyrma Sgs Technology Limited has informed the Exchange about Credit Rating5 May 2026Rating Upgraded×2+3.6% -4.4% +12.6%₹1,44227,775 Cr67.9vs 23.813.4%+27.9%
L&T FinanceInvestment CompanyL&T Finance to redeem Rs 15 cr perpetual NCDs via call option on June 3, 202629 Apr 2026Debt Prepaid×4+0.3% -1.7% -5.1%₹31779,427 Cr25.7vs 24.9+10.0%
Solar Industries (I)ExplosivesSolar Industries India Limited has informed the Exchange about Credit Rating24 Apr 2026Rating Upgraded-2.8% 0.0% +17.6%₹19,9001.80 L Cr100.9vs 38.627.9%+46.6%
Torrent PowerIntegrated Power UtilitiesTorrent Power Limited has informed the Exchange about Credit Rating23 Apr 2026Debt Prepaid+1.9% -0.5% -14.9%₹1,24762,811 Cr32.7vs 30.59.3%-18.7%
Coal IndiaCoalCoal India Limited has informed the Exchange about Credit Rating23 Apr 2026Rating Upgraded+2.4% +6.4% +3.0%₹4052.50 L Cr6.918.9%+54.0%
Mankind PharmaPharmaceuticalsPlease find attached intimation of payment of interest and redemption amount to the NCD holders of the Company.16 Apr 2026Debt Prepaid+1.5% +7.6% +18.7%₹2,38498,412 Cr52.3vs 28.510.8%-6.9%
Aditya InfotechIndustrial ProductsAditya Infotech Limited has informed the Exchange about Credit Rating10 Apr 2026Rating Upgraded+9.0% +20.4% +31.3%₹3,46540,818 Cr76.8vs 23.824.5%+54.6%
AU Small Finance BankOther BankAU Small Finance Bank Limited has informed the Exchange about Credit Rating2 Apr 2026Debt Prepaid+2.0% +13.2% +18.1%₹1,10882,923 Cr55.2vs 42.1
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How this list is built

A company appears when an NSE/BSE filing inside the last 180 days carries one of these classifier signals (minimum importance: Medium): Debt Prepaid, Rating Upgraded. Each row shows the latest qualifying filing; the reaction columns are the stock’s measured move 1 day, 1 week and 1 month after that filing.

MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.