CARE Ratings reaffirms Transport Corporation of India at CARE AA+
Transport Corporation of India (BSE: TCI) said CARE Ratings has reaffirmed its credit rating at CARE AA+. The company is valued at about ₹6,727 crore.
What happened
Transport Corporation of India (BSE: TCI) informed the stock exchanges on 1 October 2026 at 02:27 PM that CARE Ratings has reaffirmed its credit rating at CARE AA+.
From the filing: "Crore) Rating Rating Action Long Term Bank Facilities 300 CARE AA+;"
Company snapshot
Transport Corporation of India is a small-cap company, with a market value of about ₹6,727 crore.
The stock last traded at ₹875.5, against a 52-week range of ₹797–₹1,242 (29.5% below the high).
Before this filing the shares had moved −1.2% over the month and −6.3% over three months. Average daily turnover over the last 20 sessions was about ₹30.41 crore.
Promoters held 68.66% at the end of Q1 FY27, down 0.07% points from the previous quarter. Foreign institutions owned 3.04% and domestic institutions 12.70%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,139 | 106.5 | 13.9 |
| Q2 FY26 | 1,205 | 112.6 | 14.69 |
| Q3 FY26 | 1,249 | 114.7 | 14.96 |
| Q4 FY26 | 1,324 | 124.5 | 16.12 |
| Q1 FY27 | 1,249 | 106.6 | 13.77 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
Market-wide, 1,190 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.
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):
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Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.