 Anlon HealthcarePharmaceuticals | Anlon Healthcare gets BWR BBB/Stable rating, upgrade from BB+15 Sept 2026Rating Upgraded | +1.6% +44.1% — | ₹28.18 | 1,498 Cr | 11.3vs 32.0 | 16.0% | — |
 Birla CorporationCement & Cement Products | Birla Corporation fully redeems Series-VII NCDs worth Rs 20 crore14 Sept 2026Debt Prepaid×2 | -2.8% +2.3% — | ₹820 | 6,314 Cr | 11.4vs 30.1 | 6.5% | +7.8% |
 Maruti Suzuki IndiaPassenger Cars & Utility Vehicles | Maruti Suzuki ESG score upgraded to 68 by Crisil12 Sept 2026Rating Upgraded | -1.7% -3.1% — | ₹11,499 | 3.62 L Cr | 25.2vs 28.6 | 16.8% | +35.9% |
 Piramal FinanceNon Banking Financial Company (NBFC) | Moody's upgrades Piramal Finance rating to Ba2 from Ba3, outlook stable11 Sept 2026Rating Upgraded×3 | -2.2% -6.7% — | ₹1,980 | 44,887 Cr | 26.5vs 18.9 | — | — |
 Glenmark PharmaceuticalsPharmaceuticals | Glenmark Pharma bank loan rating upgraded to IND AA+ with Stable outlook11 Sept 2026Rating Upgraded | -1.8% +2.5% — | ₹2,293 | 64,711 Cr | 36.0vs 32.0 | 14.7% | +23.1% |
 Titan CompanyGems Jewellery And Watches | Titan redeems 1000 crore Commercial Papers10 Sept 2026Debt Prepaid×2 | -3.3% -2.7% — | ₹4,365 | 3.88 L Cr | 67.5vs 26.4 | 32.7% | +29.3% |
 Apar IndustriesOther Electrical Equipment | CARE Ratings upgrades APAR Industries long-term rating to AA; Stable10 Sept 2026Rating Upgraded | +0.3% +4.8% — | ₹18,179 | 73,025 Cr | 61.8vs 25.4 | 21.9% | +29.1% |
 Ratnamani Met & TubIron & Steel Products | CRISIL upgrades Ratnamani Metals long-term rating to AA+, stable10 Sept 2026Rating Upgraded | -1.3% -2.9% — | ₹2,520 | 17,663 Cr | 40.8vs 17.0 | 15.6% | -15.6% |
 Raghav Productivity ENHElectrodes & Refractories | CRISIL upgrades long-term bank facility rating to A/Stable9 Sept 2026Rating Upgraded | +9.9% +3.5% — | ₹1,829 | 8,399 Cr | 133.9vs 32.2 | 27.4% | +48.7% |
 Visaka IndustriesCement & Cement Products | CARE revises Visaka outlook to Stable, reaffirms A+ rating9 Sept 2026Rating Upgraded | -1.4% +2.6% — | ₹84 | 726 Cr | 8.4vs 30.1 | 11.2% | +16.7% |
 Eureka ForbesHousehold Appliances | CRISIL upgrades Eureka Forbes rating from AA-minus to AA with Stable outlook8 Sept 2026Rating Upgraded | -3.2% -7.5% — | ₹351 | 6,791 Cr | 37.7vs 42.7 | 3.9% | +15.2% |
 Tatva Chin Pharm ChemSpecialty Chemicals | CRISIL upgrades Tatva Chintan credit rating to A-8 Sept 2026Rating Upgraded | -1.1% +5.7% — | ₹1,997 | 4,672 Cr | 90.9vs 25.2 | 7.2% | +43.0% |
 Arvind FashionsSpeciality Retail | Arvind Fashions gets Crisil ESG rating of 61, upgraded to Strong8 Sept 2026Rating Upgraded | +2.6% -3.1% — | ₹398 | 5,331 Cr | 44.4vs 26.2 | 12.9% | +15.5% |
 Rajputana StainlessIron & Steel Products | CARE assigns A- and A2+ ratings to Rs 160 crore facilities8 Sept 2026Debt Prepaid | +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% |
 Data Patterns IndiaAerospace & Defense | CRISIL upgrades outlook to Positive on Rs 775 Cr bank facilities8 Sept 2026Rating Upgraded | +6.7% -1.8% — | ₹4,233 | 23,702 Cr | 88.4vs 76.4 | 20.3% | +16.8% |
 Varroc EngineeringAuto Components & Equipments | Varroc Engineering gets CRISIL ESG rating upgrade to Strong category8 Sept 2026Rating Upgraded×2 | +1.3% +3.7% — | ₹826 | 12,627 Cr | 64.0vs 27.0 | 15.0% | +29.9% |
 Avenue SupermartsDiversified Retail | DMART redeems Rs 300 Cr Commercial Paper at maturity, outstanding nil7 Sept 2026Debt Prepaid | +0.8% +0.5% — | ₹3,631 | 2.37 L Cr | 77.3vs 35.0 | 15.9% | +14.9% |
 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% | — |
 RECFinancial Institution | JCR upgrades REC credit rating from BBB+ to A-, outlook stable7 Sept 2026Rating Upgraded | -0.3% -2.4% — | ₹299 | 78,812 Cr | 4.9vs 14.6 | — | -2.0% |
 Cantabil RetailGarments & Apparels | ICRA upgrades Cantabil ratings for Rs 75 crore bank facilities5 Sept 2026Rating Upgraded | -3.2% -0.7% — | ₹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% — | ₹140 | 932 Cr | 11.0 | 3.1% | +17.2% |
 Minda CorporationAuto Components & Equipments | Minda Corporation redeems INR 100 crore commercial papers4 Sept 2026Debt Prepaid | +1.3% -2.8% — | ₹638 | 15,259 Cr | 30.0vs 27.0 | 11.4% | +33.2% |
 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% |
 Cemindia ProjectsCivil Construction | ICRA Upgrades Cemindia Projects Credit Rating to AA from A+3 Sept 2026Rating Upgraded×4 | +1.2% -5.1% -10.7% | ₹1,138 | 19,551 Cr | 32.5vs 14.6 | 31.7% | +7.0% |
 HSG & Urban Dev CorpnFinancial Institution | HUDCO credit rating upgraded to A- by Japan Credit Rating Agency3 Sept 2026Rating Upgraded | -1.0% -6.5% -10.4% | ₹162 | 32,389 Cr | 7.6vs 14.6 | — | +26.6% |
 Indian Railway Fin CorpFinancial Institution | IRFC credit rating upgraded to AAA by Japan Credit Rating Agency3 Sept 2026Rating Upgraded | +0.4% -4.5% -7.5% | ₹76.3 | 99,713 Cr | 13.9vs 14.6 | — | +19.5% |
 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% |
 JSW SteelIron & Steel | JSW Steel rating upgraded to IND AA+ with Stable outlook by Ind-Ra3 Sept 2026Rating Upgraded×5 | +1.5% -5.9% -5.4% | ₹1,229 | 3.00 L Cr | 12.1vs 15.5 | 14.8% | +9.8% |
 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% |
 Sterlite TechnologiesSTLTECH | Crisil upgrades Sterlite Technologies long-term rating to AA from AA-2 Sept 2026Rating Upgraded×2 | +5.0% +19.6% +40.7% | ₹1,019 | 49,931 Cr | 205.0 | 3.0% | +87.4% |
 V2 RetailSpeciality Retail | V2 Retail Credit Rating Upgraded to IND A/Positive by India Ratings2 Sept 2026Rating Upgraded×2 | -1.4% -1.8% -24.3% | ₹163 | 5,944 Cr | 3.8vs 26.2 | 14.2% | +57.7% |
 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% |
 Vishal Mega MartDiversified Retail | Vishal Mega Mart gets credit rating upgraded to IND AA+2 Sept 2026Rating Upgraded | -0.1% -4.9% -8.2% | ₹100 | 46,768 Cr | 52.4vs 35.0 | 12.7% | +18.7% |
 HDFC BankPrivate Sector Bank | HDFC Bank to redeem INR 7,390 crore AT1 notes on Sep 30, 20261 Sept 2026Debt Prepaid×2 | -0.1% -0.2% -0.7% | ₹705 | 10.86 L Cr | 13.7vs 12.1 | — | — |
 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% |
 JSW EnergyPower Generation | JSW Energy: CARE upgrades ratings for 2 O2 subsidiaries1 Sept 2026Rating Upgraded×3 | +3.8% +2.0% -4.7% | ₹488 | 89,350 Cr | 43.5vs 21.2 | 1.9% | +1.2% |
