CARE Ratings reaffirms Ram Ratna Wires at CARE A, outlook Positive
Ram Ratna Wires (RAMRAT) said CARE Ratings has reaffirmed its credit rating at CARE A with a positive outlook. The company is valued at about ₹5,184 crore.
What happened
In a filing with the NSE on 29 October 2026 at 06:36 PM, Ram Ratna Wires (RAMRAT) said that CARE Ratings has reaffirmed its credit rating at CARE A with a positive outlook.
From the filing: "Outlook revised from Stable Long Term Bank Facilities 401.00 CARE A - ;"
Company snapshot
Ram Ratna Wires is a small-cap company, with a market value of about ₹5,184 crore.
The stock last traded at ₹555.3, against a 52-week range of ₹268–₹662.9 (16.2% below the high).
Before this filing the shares had moved −3.6% over the month and +20.0% over three months. Average daily turnover over the last 20 sessions was about ₹16.03 crore.
Promoters held 69.30% at the end of Q1 FY27; 0.03% of promoter shares were pledged. Foreign institutions owned 0.47% and domestic institutions 0.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 982 | 15.5 | 3.31 |
| Q2 FY26 | 2,146 | 36.8 | 7.88 |
| Q3 FY26 | 1,278 | 31.3 | 3.35 |
| Q4 FY26 | 1,753 | 39 | 4.18 |
| Q1 FY27 | 1,853 | 35.2 | 3.77 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,348 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% 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.
- 29 October 2026: Board meeting — Financial Results.
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.