CARE Ratings reaffirms Welspun Specialty Solutions at CARE AA-
Welspun Specialty Solutions (BSE: WELSPLSOL) said CARE Ratings has reaffirmed its credit rating at CARE AA-. The company is valued at about ₹3,644 crore.
What happened
Welspun Specialty Solutions (BSE: WELSPLSOL) informed the stock exchanges on 29 September 2026 at 12:01 PM that CARE Ratings has reaffirmed its credit rating at CARE AA-.
From the filing: "Stable Assigned Commercial Paper 50.00 CARE A1+ Reaffirmed CARE has withdrawn the ratings of 'CARE AA+ (CE);"
Company snapshot
Welspun Specialty Solutions is a small-cap company, with a market value of about ₹3,644 crore.
The stock last traded at ₹55, against a 52-week range of ₹36–₹63.25 (13.0% below the high).
Before this filing the shares had moved +1.8% over the month and −1.3% over three months. Average daily turnover over the last 20 sessions was about ₹5.48 crore.
Promoters held 55.17% at the end of Q1 FY27. Foreign institutions owned 1.31% and domestic institutions 0.06%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 201 | -0.8 | -0.01 |
| Q2 FY26 | 239 | 9.7 | 0.14 |
| Q3 FY26 | 226 | 9.5 | 0.14 |
| Q4 FY26 | 220 | 4.3 | 0.06 |
| Q1 FY27 | 194 | 5.2 | 0.08 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,184 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):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.