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
Adf FoodsPackaged FoodsCRISIL upgrades ADF Foods long-term rating to A+/Stable11 Aug 2026Rating Upgraded-1.1% +0.9% ₹2683,000 Cr30.4vs 31.118.8%+21.0%
Larsen & ToubroCivil ConstructionL&T gets ESG score of 62, category 'Adequate' from NSE Ratings11 Aug 2026Rating Upgraded×5-1.4% +0.0% ₹4,0935.63 L Cr33.0vs 15.411.9%+21.7%
Refex IndustriesWaste ManagementRefex Industries gets Acuite rating upgrade on Rs 660 crore bank loans10 Aug 2026Rating Upgraded-1.4% -1.6% ₹2944,034 Cr17.0vs 16.319.1%+118.8%
Rattanindia PowerPower GenerationCRISIL upgrades short-term rating to A2; bank facility enhanced to Rs 650 cr10 Aug 2026Rating Upgraded-1.6% -9.7% ₹7.914,248 Cr22.0vs 22.30.6%+20.5%
Kec Intl.Civil ConstructionKEC International gets CRISIL ESG rating upgrade to 62 from 578 Aug 2026Rating Upgraded-5.5% -11.4% ₹43711,620 Cr18.1vs 15.411.0%+4.9%
Capri Global CapitalNon Banking Financial Company (NBFC)Capri Global credit rating upgraded to IVR AA+ with stable outlook7 Aug 2026Rating Upgraded×2+1.7% -2.2% ₹22421,589 Cr20.0vs 17.5+23.5%
Walchandnagar IndustriesIndustrial ProductsCredit rating reaffirmed, outlook revised to Stable from Negative7 Aug 2026Rating Upgraded+0.2% -4.2% ₹2271,540 Cr102.3vs 23.8-3.3%+79.6%
Regency FincorpOther Financial ServicesCredit rating reaffirmed at BBB/Stable, Rs 400 cr debt rated7 Aug 2026Rating Upgraded×3+1.1% +1.0% ₹46369 Cr104.5vs 16.7
Aries AgroFertilizersCRISIL Upgrades Aries Agro Ratings to A-/Stable and A2+7 Aug 2026Rating Upgraded+0.6% +30.4% ₹453589 Cr23.0vs 13.615.4%-10.3%
Prism JohnsonCement & Cement ProductsPrism Johnson credit rating upgraded to IND AA- with Positive outlook6 Aug 2026Rating Upgraded-0.6% -7.1% ₹1085,458 Cr40.5vs 23.22.7%+13.8%
Bajaj HealthcarePharmaceuticalsBajaj Healthcare credit rating upgraded to IND A by India Ratings6 Aug 2026Rating Upgraded0.0% -1.5% ₹3211,081 Cr4.8%+3.5%
Bajel ProjectsHeavy Electrical EquipmentCRISIL upgrades Bajel Projects long-term rating to A plus; loan limit raised6 Aug 2026Rating Upgraded+2.7% -0.1% ₹1922,221 Cr132.4vs 33.94.4%+64.2%
Welspun CorpIron & Steel ProductsCARE Reaffirms Welspun Corp Long-Term Rating at AA+ Stable5 Aug 2026Debt Prepaid+2.8% +5.3% ₹2,29160,442 Cr36.7vs 16.914.9%-1.4%
Motilal Oswal FinStockbroking & AlliedICRA ESG upgrades MOFSL rating to 80 Outstanding from 76 Good5 Aug 2026Rating Upgraded×2-1.2% +8.4% ₹99059,369 Cr86.4vs 15.8+44.7%
BLS Intl ServsTour Travel Related ServicesBLS International gets ICRA AA-/A1+ rating, a notch above existing CRISIL grades5 Aug 2026Rating Upgraded-0.8% +7.2% ₹27111,158 Cr16.4vs 37.625.4%+10.6%
Rategain Travel TechnComputers - Software & ConsultingRateGain UK subsidiary prepays USD 9.75M loan; outstanding falls to USD 77.5M5 Aug 2026Debt Prepaid-2.9% -2.9% ₹99211,716 Cr60.7vs 19.58.7%+142.5%
Ugro CapitalNon Banking Financial Company (NBFC)Acuite assigns A1+ rating to UGRO Capital Rs 800 cr Commercial Paper5 Aug 2026Rating Upgraded-0.7% -3.3% ₹88.91,359 Cr9.0vs 17.5
Afcons InfrastructureCivil ConstructionAfcons redeems Rs 50 crore commercial paper on maturity5 Aug 2026Debt Prepaid×2-2.4% -3.1% ₹27910,261 Cr634.1vs 15.44.2%-12.5%
Union Bank OF IndiaPublic Sector BankUnion Bank to redeem Rs 1000 Cr bonds via call option5 Aug 2026Debt Prepaid×2+4.9% +8.0% ₹1831.40 L Cr13.2vs 15.1
Jubilant FoodworksRestaurantsSubsidiary JFN refinances EUR facility; parent guarantees released5 Aug 2026Debt Prepaid×2+1.6% +8.3% ₹50733,438 Cr111.1vs 55.48.8%+6.8%
Yes BankPrivate Sector BankCRISIL upgrades Yes Bank long-term rating to AA+; short-term rating reaffirmed5 Aug 2026Rating UpgradedDebt Prepaid×6-0.8% -0.8% ₹22.871,546 Cr35.6vs 24.9
B. D. Industries (Pune) LimitePlastic Products - IndustrialCredit rating downgraded; company says loans already fully repaid4 Aug 2026Debt Prepaid×2 -4.4% ₹111158 Cr14.0vs 16.718.5%
Caliber Mining And Log LCMLLCrisil upgrades Caliber Mining rating to A minus Positive4 Aug 2026Rating Upgraded×2+2.5% -7.4%
Shree Rama NewsprintOther BeveragesShree Rama Newsprint redeems 2nd installment of ZCDs worth Rs 14.13 cr4 Aug 2026Debt Prepaid×20.0% -5.2% ₹31.51465 Cr-10.7%+15.2%
Transrail LightingHeavy Electrical EquipmentTransrail Lighting credit rating upgraded to IND AA- by India Ratings4 Aug 2026Rating Upgraded×2-0.9% -5.6% ₹4596,167 Cr14.9vs 33.923.0%-42.1%
Poonawalla FincorpNon Banking Financial Company (NBFC)Call option exercised on perpetual debentures worth about Rs 3 crore4 Aug 2026Rating Upgraded×4+4.5% +6.0% ₹49139,670 Cr49.0vs 17.5+37.2%
Central Bank OF IndiaPublic Sector BankCRISIL upgrades Central Bank credit ratings to AA+4 Aug 2026Rating Upgraded+0.9% +0.5% ₹31.3228,349 Cr14.1vs 15.1
Shriram FinanceNon Banking Financial Company (NBFC)Shriram Finance ESG rating revised up to 83 by ICRA ESG31 Jul 2026Rating Upgraded×7+3.3% +7.0% ₹1,1302.13 L Cr19.1vs 17.5+5.0%
P O C L EnterprisesCommodity ChemicalsCrisil assigns A-/Stable rating to bank facilities, upgrade from BBB+31 Jul 2026Rating Upgraded-0.7% -4.9% ₹165508 Cr11.6vs 17.525.7%
JSW SteelIron & SteelJSW Steel Gets Moody's Baa3 Global Investment Grade Rating31 Jul 2026Rating Upgraded×8+2.4% -0.1% ₹1,2943.95 L Cr8.5vs 16.614.8%+13.3%
Emami Paper MillsPaper & Paper ProductsEmami Paper Mills redeems 7.5 lakh OCRPS worth about Rs 45 crore31 Jul 2026Debt Prepaid+4.0% +2.2% ₹117705 Cr7.8vs 13.48.1%-45.5%
Share Ind. SecuritiesStockbroking & AlliedShare India allots INR 150Cr NCDs; plans early redemption of old NCDs31 Jul 2026Debt Prepaid×4+5.2% -2.4% ₹1743,808 Cr11.6vs 15.8+22.0%
Indian Overseas BankPublic Sector BankCARE upgrades IOB Tier II Bonds to AA+ with Stable outlook31 Jul 2026Rating Upgraded×2+0.9% +1.3% ₹3363,399 Cr21.7vs 15.1
Dhampur Sugar MillsSugarTimely redemption of Rs 100 cr Commercial Paper30 Jul 2026Debt Prepaid×2+5.2% +15.1% ₹1861,197 Cr8.3vs 8.85.8%-3.5%
Billionbrains Garage VN LStockbroking & AlliedICRA upgrades Groww issuer rating from AA minus to AA30 Jul 2026Rating Upgraded-0.4% +0.3% ₹1971.23 L Cr53.6vs 15.828.9%+47.8%
CLN EnergyAuto Components & EquipmentsCredit rating upgraded to BBB Stable and A3 plus by CARE30 Jul 2026Rating Upgraded+6.3% 0.0% ₹563594 Cr28.9vs 26.923.6%
Ambika Cotton MillOther Textile ProductsCRISIL upgrades short-term rating to A1+; long-term A+/Stable reaffirmed30 Jul 2026Rating Upgraded-0.5% -4.2% ₹1,678960 Cr12.1vs 15.39.8%+7.8%
Yasho IndustriesSpecialty ChemicalsCrisil upgrades Yasho Industries credit rating to A-/Stable30 Jul 2026Rating Upgraded×3+22.5% +32.7% ₹4,3615,258 Cr156.9vs 30.04.3%-35.5%
Gabriel IndiaAuto Components & EquipmentsCrisil upgrades Gabriel India long-term rating to AA plus from AA30 Jul 2026Rating Upgraded+2.0% +3.4% ₹1,42120,408 Cr83.3vs 26.921.9%+2.5%
Nuvama Wealth ManageStockbroking & AlliedCredit rating upgraded for subsidiary Nuvama Wealth NCDs29 Jul 2026Rating Upgraded×20.0% -8.4% ₹1,74531,768 Cr15.4vs 15.8+11.8%
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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.