Brickwork reaffirms The Jammu & Kashmir Bank at BWR A
The Jammu & Kashmir Bank (J&KBANK) said Brickwork has reaffirmed its credit rating at BWR A. The company is valued at about ₹15,254 crore.
What happened
The Jammu & Kashmir Bank (J&KBANK) told the exchanges on 29 September 2026 at 09:12 PM that Brickwork has reaffirmed its credit rating at BWR A.
Company snapshot
The Jammu & Kashmir Bank is a small-cap company in the Financial Services sector, with a market value of about ₹15,254 crore.
The stock last traded at ₹138.5, against a 52-week range of ₹97.35–₹201.8 (31.3% below the high).
Before this filing the shares had moved −5.0% over the month and −8.8% over three months. Average daily turnover over the last 20 sessions was about ₹26.54 crore.
Promoters held 59.40% at the end of Q1 FY27. Foreign institutions owned 9.38% and domestic institutions 7.84%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,523 | 484.5 | 4.4 |
| Q2 FY26 | 3,450 | 494.9 | 4.49 |
| Q3 FY26 | 3,597 | 581.5 | 5.28 |
| Q4 FY26 | 3,536 | 798.6 | 7.25 |
| Q1 FY27 | 3,765 | 428.8 | 3.89 |
What history shows
BCEIE's records show 3 previous credit rating filings from the company since May 2026.
After those filings, the stock fell 0.2% on average the next trading day and was up 1.3% on average after five days (2 filings with price data).
Across 180 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and +0.2% over five days; 48% of them rose the next day.
Market-wide, 1,184 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Sept 2026 | Credit Rating | −0.4% | +0.5% |
| 20 Aug 2026 | Credit rating | +0.0% | +2.2% |
What to watch
- Whether other agencies take a similar view on the company's credit.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.