Page 7 - Crisil Ratings

Poonawalla Fincorp hits 52-week high; stock soars 44% in a month

In the past six months, the stock has been more-than-doubled or zoomed 110 per cent, as compared to 3.3 per cent decline in the S&P BSE Sensex.

LT Foods surges 14% in two days on heavy volumes; stock nears 52-week high

Ratings agency CRISIL believes organic business profitability of LT Foods should lead to higher consolidated EBITDA in the fourth quarter of 2022.

RBI's new rules for MFIs to aid profitability, says Crisil Ratings

RBI's new rules for microlenders, who have been deeply impacted in pandemic because of loan losses, will help widen profits by giving such entities greater flexibility in operations, a report said

Rupee to depreciate to 77.5 by March 2023, says Crisil Ratings: Here's why

According to Crisil Ratings, the domestic currency is likely to settle at 76.5 against the American currency in March 2022

Vedanta's shares gain over 7% as CRISIL upgrades long-term ratings

On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece

India's organised dairy industry to see 12% revenue growth in FY22: Report

Steady demand for both VAP and liquid milk is likely to lead to 5-6% growth next fiscal as well in line with the pre-pandemic trend: Crisil Ratings report

HFCs' bad loans jump by 70 bps following new asset quality norms: Report

RBI had on November 12, 2021, introduced tighter asset quality reporting norms for all lenders, which brought in housing financiers and NBFCs on par with commercial banks

Shankara Building hits 52-week high; surges 42% in 2 weeks

On January 28, 2022, Crisil Ratings had reaffirmed its 'CRISIL BBB+/Stable/CRISIL A2' rating on the bank facilities and commercial paper

Crisil Ratings to start disclosing ESG impact on credit profiles

Crisil Ratings on Saturday said it will start disclosing the impact of environmental, social and governance (ESG) parameters separately when assigning credit ratings.

Crisil upgrades Jindal Stainless long-term debt ratings, keeps short-term

Rating agency's report highlighting reasons for upgrade pointed at the improvement in financial risk profile, supported by debt reduction

Revenue of road construction to grow by 15% in FY22: Crisil Ratings

Strong order execution will swell the revenue of road engineering, procurement and construction (EPC) companies by 15 per cent this fiscal, said Crisil Ratings.

IBC helps recover Rs 2.5 trn in past 5 years from bad assets, says CRISIL

Only a few large cases see good recovery and the average time taken for resolution is 419 days.

CRISIL withdraws SpiceJet rating; firm in non-cooperating category

SpiceJet terminated the contract with CRISIL after the rating firm had downgraded the company's bank loan facilities on July 7 citing deterioration in liquidity profile

CRISIL Ratings withdraws Spicejet rating on 'non-cooperation'

The ratings agency has withdrawn the rating of Spicejet and put it under "non-cooperative" category

Securitisation volume more than doubled to Rs 50,000 cr in H1 FY22: Report

Securitisation volume more than doubled to Rs 50,000 crore in the first half of the current fiscal year, Crisil Ratings said in a report.

Rs 3-trillion new Discoms Reform Scheme: Why it might work this time?

New Discoms Reform Scheme: Financially and operationally ailing power distribution companies (discoms) in the country have got another chance of revival with the Rs 3-trillion reform scheme

Crisil upgrades Bharti Airtel debt programme rating to AA+, stable outlook

Crisil Rating on Tuesday said it has upgraded the long term rating on the bank facilities and debt programme of Bharti Airtel to AA+ with a stable outlook

CNG-PNG use could soar on all-time high price edge over other fuels: Crisil

Rating agency sees 25-27% surge in sales, driven in part by rebounding vehicular mobility and industrial activity as well

Nippon India Money Market Fund: An outperformer with conservative style

The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021

DSP Equity & Bond Fund: Diversification, quality focus drive returns

Fund's investment objective is to generate long-term capital appreciation and current income from a portfolio constituted of equity and equity-related securities, as well as fixed income securities