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: 100 companies with downgrades & restructuring. See the other side →
CompanyWhy it’s here — the filingReaction 1d / 1w / 1mPriceMcapP/EROCERev YoY
Dalmia BharatCement & Cement ProductsICRA reaffirms Dalmia Bharat ESG rating at 80, Exceptional17 Jul 2026Rating Upgraded+1.0% -0.9% +0.8%₹1,60530,495 Cr32.2vs 29.85.2%+7.0%
Oberoi RealtyResidential Commercial ProjectsESG Rating Upgraded to Strong by Crisil16 Jul 2026Rating Upgraded+1.0% -2.1% +3.2%₹1,66360,478 Cr19.8vs 20.815.5%+31.7%
Oil and Natural Gas Corp.Oil Exploration & ProductionFitch raises ONGC standalone credit profile to bbb plus; affirms BBB minus stable16 Jul 2026Rating Upgraded+1.2% -3.3% -3.4%₹2202.77 L Cr6.3vs 59.310.4%+25.7%
RBL BankPrivate Sector BankRBL Bank Limited informs the exchange about Credit Rating.14 Jul 2026Rating Upgraded×4-3.6% -6.6% +1.2%₹40162,051 Cr28.7vs 12.1——
Radico KhaitanBreweries & DistilleriesCredit rating outlook revised to Positive by CARE Ratings10 Jul 2026Rating Upgraded×2-0.0% +1.9% +14.9%₹4,41559,131 Cr70.9vs 26.022.1%+10.4%
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%₹32179,224 Cr16.9vs 12.1——
MTAR TechnologiesOther Electrical EquipmentICRA upgrades MTAR Technologies credit rating to A+ with stable outlook7 Jul 2026Rating Upgraded×2-0.6% -13.3% -1.4%₹7,85024,146 Cr180.9vs 24.612.4%+130.4%
Shilpa MedicarePharmaceuticalsCredit rating upgraded to IND AA- with Stable outlook7 Jul 2026Rating UpgradedDebt Prepaid+4.6% +3.8% +35.3%₹1,02820,102 Cr67.3vs 31.210.3%+44.9%
Kalpataru Project IntCivil ConstructionIndia Ratings upgrades Kalpataru Projects debt to IND AA+/Stable3 Jul 2026Rating Upgraded-2.6% -6.5% -7.0%₹1,39923,895 Cr21.0vs 14.615.0%+3.8%
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%₹56061,568 Cr97.4vs 14.411.8%+27.3%
SagilityIT Enabled ServicesSagility announces partial redemption of unlisted debentures3 Jul 2026Debt Prepaid×2+1.3% +2.7% +7.2%₹43.3520,285 Cr20.4vs 18.511.6%+27.6%
Anthem BiosciencesBiotechnologyICRA upgrades Anthem Biosciences long-term credit rating to AA with stable outlook3 Jul 2026Rating Upgraded×20.0% -3.0% +7.1%₹87249,127 Cr126.9vs 61.226.6%-22.6%
HFCLTelecom - InfrastructureSubsidiary HTL credit rating upgraded from BBB+ to A with Positive Outlook2 Jul 2026Rating Upgraded×4+9.3% +2.9% -2.4%₹25839,529 Cr67.3vs 12.37.8%+119.8%
Patanjali FoodsEdible OilICRA upgrades Patanjali Foods long-term rating to AA- from A+1 Jul 2026Rating Upgraded×2+1.0% +1.0% -11.1%₹35538,620 Cr19.6vs 18.810.3%+27.4%
Craftsman AutomationAuto Components & EquipmentsCrisil revises outlook to Positive for Craftsman Automation and DR Axion30 Jun 2026Rating Upgraded×2-1.5% -1.0% +6.7%₹10,05126,293 Cr51.8vs 26.79.0%+36.3%
Adani Port & SEZPort & Port servicesESG rating upgraded by CRISIL to Strong category30 Jun 2026Rating Upgraded×3+3.5% +1.1% -6.7%₹1,7083.94 L Cr29.1vs 16.38.6%+18.6%
The GE SHPG.LTDShippingCARE Ratings reaffirms AAA rating on Great Eastern Shipping NCDs and bank facilities26 Jun 2026Debt Prepaid-1.1% -8.3% -8.7%₹1,52921,822 Cr5.8vs 11.716.7%+66.9%
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%₹3,8391.82 L Cr53.2vs 32.219.9%+33.5%
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%₹1,80511.02 L Cr36.8vs 41.111.9%+18.4%
L&T Technology Ser.IT Enabled ServicesLTTS ESG rating upgraded to 'Leadership' by CRISIL16 Jun 2026Rating Upgraded×2+1.8% -1.9% +2.5%₹3,16933,596 Cr25.4vs 18.521.1%+2.6%
Vodafone IdeaTelecom - Cellular & Fixed line servicesICRA upgrades Vodafone Idea credit rating to A- with Stable outlook2 Jun 2026Rating Upgraded+6.8% +1.9% +3.4%₹12.81.39 L Cr3.7vs 41.122.7%+6.0%
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%₹1,17815.94 L Cr21.3vs 7.57.5%+25.4%
Tata Consultancy ServComputers - Software & ConsultingTata Consultancy Services Limited has informed the Exchange regarding 'Credit Rating'.29 May 2026Rating Upgraded×2+8.6% -4.6% -12.1%₹2,0767.52 L Cr15.1vs 15.653.9%+13.9%
Tata SteelIron & SteelTata Steel Limited has informed the Exchange about Credit Rating29 May 2026Rating Upgraded×2+0.3% -5.4% -12.0%₹1722.15 L Cr19.4vs 15.27.6%+14.3%
Netweb Tech IndiaIT Enabled ServicesCredit Rating26 May 2026Rating Upgraded×2+6.3% +21.6% +16.6%₹4,73626,967 Cr103.2vs 18.537.5%+172.1%
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%₹2,02532,805 Cr80.4vs 31.23.4%+25.9%
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+2.7% +2.9% -1.1%₹9,6372.69 L Cr22.9vs 32.223.1%+65.1%
Indian Oil CorpRefineries & MarketingIndian Oil Corporation Limited has informed the Exchange about Credit Rating- New16 May 2026Rating Upgraded+0.1% +6.8% +8.5%₹1261.78 L Cr5.2vs 7.517.1%+27.1%
Syrma SGS TechnologyIndustrial ProductsSyrma Sgs Technology Limited has informed the Exchange about Credit Rating5 May 2026Rating Upgraded×2+3.6% -4.4% +12.6%₹1,68132,374 Cr87.3vs 28.513.4%+68.3%
L&T FinanceInvestment CompanyL&T Finance to redeem Rs 15 cr perpetual NCDs via call option on June 3, 202629 Apr 2026Debt Prepaid+0.3% -1.7% -5.1%₹25764,463 Cr20.3vs 21.5—+23.1%
Solar Industries (I)ExplosivesSolar Industries India Limited has informed the Exchange about Credit Rating24 Apr 2026Rating Upgraded-2.8% 0.0% +17.6%₹19,8701.80 L Cr90.3vs 49.727.9%+70.3%
Torrent PowerIntegrated Power UtilitiesTorrent Power Limited has informed the Exchange about Credit Rating23 Apr 2026Debt Prepaid+1.9% -0.5% -14.9%₹1,21261,073 Cr26.3vs 25.49.3%+2.8%
Coal IndiaCoalCoal India Limited has informed the Exchange about Credit Rating23 Apr 2026Rating Upgraded+2.4% +6.4% +3.0%₹4092.52 L Cr8.118.9%+29.1%
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%₹2,38098,294 Cr48.1vs 31.210.8%+12.9%
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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.