CARE Ratings upgrades Rolex Rings to CARE A
Rolex Rings (ROLEXRINGS) said CARE Ratings has upgraded its credit rating to CARE A. The company is valued at about ₹4,605 crore.
What happened
In a filing with the NSE on 31 October 2026 at 10:11 AM, Rolex Rings (ROLEXRINGS) said that CARE Ratings has upgraded its credit rating to CARE A.
Company snapshot
Rolex Rings is a small-cap company, with a market value of about ₹4,605 crore.
The stock last traded at ₹169.1, against a 52-week range of ₹99.79–₹199 (15.0% below the high).
Before this filing the shares had moved −11.3% over the month and +23.5% over three months. Average daily turnover over the last 20 sessions was about ₹32.03 crore.
Promoters held 52.24% at the end of Q1 FY27; 5.13% of promoter shares were pledged. Foreign institutions owned 5.40% and domestic institutions 28.75%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 292 | 49.2 | 18.05 |
| Q2 FY26 | 271 | 44.3 | 1.73 |
| Q3 FY26 | 275 | 47.8 | 1.75 |
| Q4 FY26 | 306 | -0.1 | -0.01 |
| Q1 FY27 | 304 | 60.1 | 2.21 |
What history shows
BCEIE's records show 1 previous credit rating filing from the company since May 2026.
Market-wide, 1,365 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.
- 4 November 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.