CARE Ratings upgrades Arvind to CARE A-
Arvind (BSE: ARVIND) said CARE Ratings has upgraded its credit rating to CARE A-. The company is valued at about ₹13,859 crore.
What happened
Arvind (BSE: ARVIND) informed the stock exchanges on 12 October 2026 at 12:06 PM that CARE Ratings has upgraded its credit rating to CARE A-.
Company snapshot
Arvind is a small-cap company in the Textiles sector, with a market value of about ₹13,859 crore.
The stock last traded at ₹509.5, against a 52-week range of ₹277.9–₹607.2 (16.1% below the high).
Before this filing the shares had moved −10.6% over the month and −5.7% over three months. Average daily turnover over the last 20 sessions was about ₹30.73 crore.
Promoters held 38.09% at the end of Q2 FY27, down 1.44% points from the previous quarter; 7.24% of promoter shares were pledged. Foreign institutions owned 15.88% and domestic institutions 22.77%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,006 | 53.2 | 2.03 |
| Q2 FY26 | 2,371 | 103.4 | 3.95 |
| Q3 FY26 | 2,373 | 97.6 | 3.72 |
| Q4 FY26 | 2,553 | 159.7 | 6.1 |
| Q1 FY27 | 2,501 | 53.5 | 2.04 |
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 8 similar disclosures by other Textiles companies, shares moved +0.3% on average the next day and +0.0% over five days; 25% of them rose the next day.
Market-wide, 1,260 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):
- Arvind Kejriwal, other AAP leaders detained minutes after ‘Dilli Chalo’ message | Video | India News
- Arvind SmartSpaces (ARVSMART.NS) Gains 4% as Stock Approaches Key Resistance at ₹634 - Triple Top
- India's youth has awakened, says AAP chief Arvind Kejriwal after detention
- My entire family will go: Arvind Kejriwal urges public to join October 10 protest - India Today
- Mamata Banerjee, Arvind Kejriwal among 4 ex-CMs detained in Delhi's anti-CEC protest crackdown | India News
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.