CARE Ratings reaffirms Asian Star Company at CARE A-, outlook Negative
Asian Star Company (BSE: ASTAR) said CARE Ratings has reaffirmed its credit rating at CARE A- with a negative outlook. The company is valued at about ₹1,033 crore.
What happened
Asian Star Company (BSE: ASTAR) informed the stock exchanges on 9 October 2026 at 04:52 PM that CARE Ratings has reaffirmed its credit rating at CARE A- with a negative outlook.
From the filing: "Outlook revised from Negative This is for your information and record."
Company snapshot
Asian Star Company is a small-cap company, with a market value of about ₹1,033 crore.
The stock last traded at ₹645.1, against a 52-week range of ₹485–₹848 (23.9% below the high).
Before this filing the shares had moved +7.9% over the month and +4.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.15 crore.
Promoters held 74.66% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 554 | 16 | 10.02 |
| Q2 FY26 | 598 | 9.9 | 6.17 |
| Q3 FY26 | 492 | 7.6 | 4.75 |
| Q4 FY26 | 563 | -1.2 | -0.73 |
| Q1 FY27 | 546 | 11.2 | 6.99 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,252 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):
- Asian Star shareholders approve ₹1.50 dividend at 32nd AGM
- Asian Star Company Limited Approves Dividend for the Financial Year Ended 31 March, 2026
- British Asian star Raxstar, CEO of BritAsia TV, Tony Shergill and Sponser 8 Outdoor Media present the award for
- Paulo Avelino named Outstanding Asian Star at Seoul International Drama Awards 2026
- Paulo Avelino wears Barong Tagalog at the Seoul International Drama Awards 2026 red carpet in KBS Hall, Seoul, South Korea. Paulo will receive the Outstanding Asian Star Award (Philippines). (🎥 Seoul
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.