 Rajputana StainlessIron & Steel Products | CARE assigns A- and A2+ ratings to Rs 160 crore facilities8 Sept 2026Debt Prepaid×3 | +1.6% -3.3% — | ₹174 | 1,452 Cr | 28.6vs 17.0 | 17.7% | — |
 Sportking IndiaOther Textile Products | CRISIL reaffirms Sportking ratings A+/Positive; bank loan limit raised to Rs 1,525 cr8 Sept 2026Rating Upgraded×2 | -1.7% -8.0% — | ₹202 | 2,604 Cr | 15.9vs 16.4 | 11.1% | +20.1% |
 Orient HotelsHotels & Resorts | ICRA places Oriental Hotels long-term rating on Watch with Positive Implications7 Sept 2026Rating Upgraded | +1.5% +3.9% — | ₹144 | 2,564 Cr | 38.5vs 28.1 | 11.0% | +3.6% |
 PNGS Reva Diamond JewelGems Jewellery And Watches | CARE Ratings reaffirms BBB+ rating, revises outlook to Positive for PNGS Reva7 Sept 2026Rating Upgraded | -2.9% -8.2% — | ₹646 | 2,048 Cr | 23.4vs 26.4 | 16.7% | — |
 Cantabil RetailGarments & Apparels | ICRA upgrades Cantabil ratings for Rs 75 crore bank facilities5 Sept 2026Rating Upgraded | -3.2% -0.7% -6.4% | ₹228 | 1,907 Cr | 19.6vs 18.9 | 12.7% | +12.7% |
 Dhampur Bio OrganicsDBOL | Credit rating reaffirmed; outlook revised to Positive by CARE5 Sept 2026Rating UpgradedDebt Prepaid | +0.6% -7.4% +12.1% | ₹140 | 932 Cr | 11.0 | 3.1% | +17.2% |
 Aarti SurfactantsSpecialty Chemicals | CRISIL upgrades Aarti Surfactants rating to A-/Stable from BBB+3 Sept 2026Rating Upgraded | -0.5% -8.4% -9.9% | ₹493 | 418 Cr | 22.7vs 25.2 | 5.4% | +26.4% |
 Oriental AromaticsSpecialty Chemicals | Crisil upgrades ESG rating to 56 from 51 for FY263 Sept 2026Rating Upgraded | +11.8% +9.2% +10.2% | ₹515 | 1,734 Cr | 326.1vs 25.2 | 1.4% | +15.2% |
 Real Touch FinanceOther Financial Services | Credit rating reaffirmed at IVR BBB/Stable, loan facilities cut to Rs 75 Cr3 Sept 2026Debt Prepaid | — — -18.1% | ₹35.55 | 45 Cr | 8.7vs 20.9 | — | +44.5% |
 Vimta LabsHealthcare Research Analytics & Technology | CARE Ratings reaffirms Vimta Labs bank facility ratings at CARE A; Stable2 Sept 2026Debt Prepaid | -3.0% -6.4% -12.8% | ₹569 | 2,544 Cr | 20.6 | 11.0% | +10.1% |
 Swaraj SuitingSWARAJ | Swaraj Suiting gets Acuite A- rating on Rs 123 cr bank loans2 Sept 2026Rating Upgraded | +0.2% -11.2% +3.2% | ₹363 | 959 Cr | 11.9 | 11.9% | -28.1% |
 Esaf Small Finance BankOther Bank | CARE reaffirms ESAF SFB ratings, revises outlook to Stable2 Sept 2026Rating Upgraded×2 | +0.9% -4.7% +5.1% | ₹42.65 | 2,201 Cr | 21.2vs 14.7 | — | — |
 Control PrintComputers Hardware & Equipments | CRISIL upgrades Control Print rating to A/Stable, then withdraws at company's request2 Sept 2026Rating Upgraded | +0.1% -3.0% +2.8% | ₹619 | 991 Cr | 25.4vs 26.9 | 15.5% | +3.8% |
 Airfloa Rail TechnologyIndustrial Products | Airfloa Rail gets highest SMERA SME-1 credit rating1 Sept 2026Rating Upgraded | +1.7% +17.0% +20.2% | ₹555 | 1,330 Cr | 19.0vs 28.8 | 21.4% | — |
 Vaibhav GlobalGems Jewellery And Watches | CARE upgrades short-term rating to A1 plus for Vaibhav Global bank facilities1 Sept 2026Rating Upgraded | -1.6% -2.2% -7.9% | ₹201 | 3,358 Cr | 11.8vs 26.4 | 14.6% | +12.7% |
 Shiva TexyarnOther Textile Products | Credit rating upgraded across all bank facilities by CARE Ratings31 Aug 2026Rating Upgraded | -0.3% +0.3% -5.4% | ₹166 | 216 Cr | 22.4vs 16.4 | 7.2% | -3.1% |
 Hester BiosciencesPharmaceuticals | Hester Biosciences gets credit rating upgrade from CARE Ratings27 Aug 2026Rating Upgraded | -2.1% +1.8% -7.1% | ₹2,166 | 1,843 Cr | 13.5vs 32.0 | 13.2% | -8.2% |
 Ambika Cotton MillOther Textile Products | CRISIL upgrades short-term rating to A1+; long-term A+/Stable reaffirmed27 Aug 2026Rating Upgraded×2 | -0.3% +0.1% -5.0% | ₹1,506 | 862 Cr | 10.6vs 16.4 | 9.8% | +34.4% |
 Ashiana HousingResidential Commercial Projects | Ashiana Housing pays interest and partial redemption on NCDs24 Aug 2026Debt Prepaid×3 | +1.3% +0.9% +7.3% | ₹378 | 3,801 Cr | 31.4vs 21.3 | 13.1% | -63.3% |
 SRG Housing FinanceHousing Finance Company | SRG Housing Finance pays interest and partly redeems INE559N0706624 Aug 2026Debt Prepaid | +1.2% -2.7% -42.9% | ₹127 | 199 Cr | 5.8vs 11.1 | — | +29.3% |
 Ivalue InfosolutionsComputers Hardware & Equipments | ICRA upgrades iValue Infosolutions credit rating to A+ and A1+24 Aug 2026Rating Upgraded | -1.6% -16.7% -18.3% | ₹232 | 1,268 Cr | 12.2vs 26.9 | 21.9% | -21.1% |
 Wonderla HolidaysAmusement Parks/ Other Recreation | CARE upgrades outlook to Positive on Wonderla bank facilities21 Aug 2026Rating Upgraded | -1.7% +1.6% -2.5% | ₹518 | 3,285 Cr | 32.2 | 5.8% | +44.2% |
 Greenpanel IndustriesPlywood Boards/ Laminates | CARE reaffirms Greenpanel ratings, outlook revised to Stable21 Aug 2026Rating Upgraded | -1.2% -0.2% +3.4% | ₹160 | 1,957 Cr | 13.7vs 26.9 | 10.9% | -10.2% |
 Duroply IndustriesPlywood Boards/ Laminates | Duroply Industries: Credit Rating Upgraded by India Ratings20 Aug 2026Rating Upgraded | -0.1% +2.9% +5.0% | ₹103 | 112 Cr | 12.8vs 26.9 | 3.8% | +4.9% |
 IRM EnergyLPG/CNG/PNG/LNG Supplier | CRISIL revises IRM Energy outlook to Stable, reaffirms AA- rating18 Aug 2026Rating Upgraded | -1.1% -2.9% -6.9% | ₹264 | 1,083 Cr | 14.8vs 14.8 | 7.1% | +24.3% |
 Indo Tech TransformINDOTECH | Credit rating affirmed, outlook revised to Positive by India Ratings17 Aug 2026Rating Upgraded×2 | +2.8% +3.3% -7.1% | ₹3,330 | 3,536 Cr | 35.6 | 32.4% | +39.0% |
 Robust HotelsHotels & Resorts | CRISIL upgrades Robust Hotels bank loan ratings to BBB+ Stable and A217 Aug 2026Rating Upgraded | -2.7% -1.0% +5.5% | ₹166 | 287 Cr | 10.7vs 28.1 | 3.8% | +1.9% |
 Fermenta BiotechPharmaceuticals | CARE upgrades Fermenta Biotech credit ratings17 Aug 2026Rating Upgraded | -0.7% +5.5% +3.0% | ₹565 | 1,620 Cr | 27.0vs 32.0 | 21.7% | -10.6% |
 Paramount CosmeticsPersonal Care | Credit Rating Withdrawn After Full Repayment of IDBI Bank Loans17 Aug 2026Debt Prepaid | +1.2% -5.0% -12.4% | ₹35.69 | 17 Cr | 16.8vs 35.6 | 1.3% | -53.3% |
 Caprihans IndiaPlastic Products - Industrial | Caprihans India gets credit rating upgrade from Infomerics13 Aug 2026Rating UpgradedDebt Prepaid | +15.0% +19.3% +16.5% | ₹107 | 170 Cr | — | -5.7% | -1.8% |
 The Ugar Sugar WorksOther Agricultural Products | Credit rating upgraded to CARE BBB- with Stable outlook13 Aug 2026Rating Upgraded | +13.1% +21.1% +13.7% | ₹58.8 | 662 Cr | 9.7vs 12.6 | -13.0% | -8.3% |
 Iris Regtech SolutionSoftware Products | ICRA upgrades short-term rating to A2, reaffirms long-term at BBB Stable11 Aug 2026Rating Upgraded | -2.7% -1.1% -3.1% | ₹224 | 461 Cr | 3.7vs 20.4 | 8.3% | +9.7% |
 ADF FoodsPackaged Foods | CRISIL upgrades ADF Foods long-term rating to A+/Stable11 Aug 2026Rating Upgraded | -1.1% +0.9% -2.2% | ₹291 | 3,199 Cr | 34.8vs 30.2 | 18.8% | +25.9% |
 Refex IndustriesWaste Management | Refex Industries gets Acuite rating upgrade on Rs 660 crore bank loans10 Aug 2026Rating Upgraded | -1.4% -1.6% -8.2% | ₹265 | 3,636 Cr | 14.7vs 15.6 | 19.1% | +139.1% |
 Rattanindia PowerPower Generation | CRISIL upgrades short-term rating to A2; bank facility enhanced to Rs 650 cr10 Aug 2026Rating Upgraded | -1.6% -9.7% -16.2% | ₹6.72 | 3,609 Cr | 32.0vs 21.2 | 0.6% | -2.9% |
 Walchandnagar IndustriesIndustrial Products | Credit rating reaffirmed, outlook revised to Stable from Negative7 Aug 2026Rating Upgraded | +0.2% -4.2% -8.9% | ₹226 | 1,534 Cr | — | -3.3% | +83.8% |
 Regency FincorpOther Financial Services | Credit rating reaffirmed at BBB/Stable, Rs 400 cr debt rated7 Aug 2026Rating Upgraded×3 | +1.1% +1.0% +3.0% | ₹53.25 | 473 Cr | 43.3vs 20.9 | — | — |
 Aries AgroFertilizers | CRISIL Upgrades Aries Agro Ratings to A-/Stable and A2+7 Aug 2026Rating Upgraded | +0.6% +30.4% +41.2% | ₹494 | 642 Cr | 13.4vs 10.9 | 15.4% | +16.3% |
 Bajaj HealthcarePharmaceuticals | Bajaj Healthcare credit rating upgraded to IND A by India Ratings6 Aug 2026Rating Upgraded | 0.0% -1.5% +0.2% | ₹322 | 1,084 Cr | 59.7vs 32.0 | 4.8% | +11.3% |
 Bajel ProjectsHeavy Electrical Equipment | CRISIL upgrades Bajel Projects long-term rating to A plus; loan limit raised6 Aug 2026Rating Upgraded | +2.7% -0.1% +0.4% | ₹162 | 1,875 Cr | 85.3vs 37.7 | 4.4% | -6.7% |
