CARE Ratings assigns Birla Corporation at CARE AA, outlook Stable
Birla Corporation (BIRLACORPN) said CARE Ratings has assigned its credit rating at CARE AA with a stable outlook. The company is valued at about ₹6,451 crore.
What happened
Birla Corporation (BIRLACORPN) told the exchanges on 13 November 2026 at 05:13 PM that CARE Ratings has assigned its credit rating at CARE AA with a stable outlook.
From the filing: "Copy of the aforesaid press release issued by CARE Ratings Limited is enclosed herewith ."
Company snapshot
Birla Corporation is a small-cap company in the Construction Materials sector, with a market value of about ₹6,451 crore.
The stock last traded at ₹837.8, against a 52-week range of ₹756.1–₹1,197.6 (30.1% below the high).
Before this filing the shares had moved +2.7% over the month and −7.1% over three months. Average daily turnover over the last 20 sessions was about ₹6.01 crore.
Promoters held 62.90% at the end of Q2 FY27. Foreign institutions owned 5.99% and domestic institutions 16.56%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 2,207 | 90.5 | 11.75 |
| Q3 FY26 | 2,159 | 52.8 | 6.85 |
| Q4 FY26 | 2,836 | 294.8 | 38.28 |
| Q1 FY27 | 2,646 | 115.7 | 15.03 |
| Q2 FY27 | 2,415 | 37.5 | 4.86 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.3% on average the next trading day and was up 1.5% on average after five days (6 filings with price data).
Across 23 similar disclosures by other Construction Materials companies, shares moved −0.9% on average the next day and −1.5% over five days; 35% of them rose the next day.
Market-wide, 1,464 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 2 Oct 2026 | This is to inform you that CARE Ratings Limited has reaffirmed the… | −1.9% | −1.4% |
| 25 Aug 2026 | Credit rating | +0.3% | −1.4% |
| 10 Jul 2026 | Credit rating | +0.2% | +5.4% |
| 3 Jul 2026 | Credit rating | −1.4% | +0.0% |
| 16 Jun 2026 | Credit 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):
- Aditya Birla Capital Q2 Profit Jumps 38 Percent
- Aditya Birla Fashion’s Q2 loss widens to INR 376 crore as festive season shifts to December quarter
- NIFTY Capital Market soars to record high: Motilal Oswal Financial, Aditya Birla Sun Life AMC, CDSL shares lead gains
- Aditya Birla Sun Life launches two long-short funds as India IPO bids roll in
- Neutral Aditya Birla Fashion and Retail Ltd For Target Rs.40 by Motilal Oswal Financial Services Ltd
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.