Acuité reaffirms Manaksia Coated Metals & Industries at ACUITE A

What happened

In a filing with the BSE on 3 November 2026 at 12:59 PM, Manaksia Coated Metals & Industries (MANAKCOAT) said that Acuité has reaffirmed its credit rating at ACUITE A, covering facilities or instruments of about ₹725 crore.

Company snapshot

Manaksia Coated Metals & Industries is a small-cap company, with a market value of about ₹1,543 crore.

The stock last traded at ₹144.7, against a 52-week range of ₹94.2–₹165 (12.3% below the high).

Before this filing the shares had moved +17.1% over the month and +24.1% over three months. Average daily turnover over the last 20 sessions was about ₹7.42 crore.

Promoters held 57.78% at the end of Q2 FY27. Foreign institutions owned 0.19% and domestic institutions 0.59%.

What history shows

BCEIE has no earlier credit rating filing from this company on record since May 2026.

Market-wide, 1,381 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 46% 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):

• Manaksia Coated Metals & Industries Ltd Estimates – NSE:MANAKCOAT — TradingView, 25 Oct 2026
• Manaksia Coated Metals Q2FY27 Results: Net profit up 34% to ₹18.73 crore — scanx.trade, 2 Nov 2026
• Manaksia Coated Metals Opens QIP at Rs 127.01 Floor Price — Whalesbook, 29 Oct 2026
• Manaksia Coated Metals & Industries Limited (MANAKCOAT.NS) Seasonal Returns Chart - Yahoo Finance — Yahoo! Finance Canada, 31 Oct 2026
• Manaksia Coated Metals Reports Q2 Revenue Of ₹3.2 Billion Versus ₹2.2 Billion YoY — Sahi, 28 Oct 2026

Source

• Exchange filing (PDF)