Acuité reaffirms Gloster at ACUITE A+, outlook Stable
Gloster (BSE: GLOSTERLTD) said Acuité has reaffirmed its credit rating at ACUITE A+ with a stable outlook, covering facilities or instruments of about ₹295 crore. The company is valued at about ₹590 crore.
What happened
Gloster (BSE: GLOSTERLTD) informed the stock exchanges on 1 October 2026 at 04:50 PM that Acuité has reaffirmed its credit rating at ACUITE A+ with a stable outlook, covering facilities or instruments of about ₹295 crore.
From the filing: "Acuite has assigned the long-tenn rating of "ACUITE A+" (read as ACUITE A Plus) and short term rating of "ACUITE Al" (read as ACUITE A one) on the Rs, 50.00 Cr. bank facilities of the Company."
Company snapshot
Gloster is a micro-cap company, with a market value of about ₹590 crore.
The stock last traded at ₹539.3, against a 52-week range of ₹495–₹756.5 (28.7% below the high).
Before this filing the shares had moved −11.2% over the month and −27.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.07 crore.
Promoters held 72.68% at the end of Q1 FY27, up 0.03% points from the previous quarter.
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,190 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.