CARE Ratings places on watch EPL at CARE AA+
EPL (BSE: EPL) said CARE Ratings has placed on watch its credit rating at CARE AA+. The company is valued at about ₹7,575 crore.
What happened
EPL (BSE: EPL) informed the stock exchanges on 7 October 2026 at 06:04 PM that CARE Ratings has placed on watch its credit rating at CARE AA+.
Company snapshot
EPL is a small-cap company in the Capital Goods sector, with a market value of about ₹7,575 crore.
The stock last traded at ₹236.5, against a 52-week range of ₹176.4–₹274 (13.7% below the high).
Before this filing the shares had moved −4.1% over the month and −3.5% over three months. Average daily turnover over the last 20 sessions was about ₹50.27 crore.
Promoters held 26.38% at the end of Q1 FY27. Foreign institutions owned 14.08% and domestic institutions 13.80%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,108 | 100 | 3.13 |
| Q2 FY26 | 2,314 | 204.3 | 6.39 |
| Q3 FY26 | 1,149 | 81.7 | 2.55 |
| Q4 FY26 | 1,301 | 102.9 | 3.22 |
| Q1 FY27 | 1,388 | 98.6 | 3.08 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Across 79 similar disclosures by other Capital Goods companies, shares moved +0.5% on average the next day and +0.3% over five days; 52% of them rose the next day.
Market-wide, 1,223 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% 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.