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Birla Corporation: rating update from CARE Ratings

Birla Corporation (BIRLACORPN) said CARE Ratings has reaffirmed its credit rating. The company is valued at about ₹6,469 crore.

BCEIE News Desk · Published 2 Oct 2026, 01:44 pm IST · Filing received 2 Oct 2026, 01:28 pm IST

What happened

In a filing with the BSE on 2 October 2026 at 01:28 PM, Birla Corporation (BIRLACORPN) said that CARE Ratings has reaffirmed its credit rating.

Company snapshot

Birla Corporation is a small-cap company in the Construction Materials sector, with a market value of about ₹6,469 crore.

The stock last traded at ₹840.1, against a 52-week range of ₹769.6–₹1,346.1 (37.6% below the high).

Before this filing the shares had moved −4.5% over the month and −14.4% over three months. Average daily turnover over the last 20 sessions was about ₹4.17 crore.

Promoters held 62.90% at the end of Q1 FY27. Foreign institutions owned 6.13% and domestic institutions 16.97%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY262,454119.615.53
Q2 FY262,20790.511.75
Q3 FY262,15952.86.85
Q4 FY262,836294.838.28
Q1 FY272,646115.715.03

What history shows

BCEIE's records show 5 previous credit rating filings from the company since May 2026.

After those filings, the stock fell 0.0% on average the next trading day and was up 2.0% on average after five days (5 filings with price data).

Across 22 similar disclosures by other Construction Materials companies, shares moved −0.9% on average the next day and −1.9% over five days; 32% of them rose the next day.

Market-wide, 1,199 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.

Earlier filings of this kind
DateFilingNext day5 days
25 Aug 2026Credit rating+0.3%−1.4%
10 Jul 2026Credit rating+0.2%+5.4%
3 Jul 2026Credit rating−1.4%+0.0%
16 Jun 2026Credit rating+0.4%+3.1%
15 Jun 2026Credit Rating+0.4%+3.1%

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.