Cords Cable Industries: The Credit Rating for Banking Facilities
Cords Cable Industries (CORDSCABLE) filed a disclosure titled "The Credit Rating for Banking Facilities". The company is valued at about ₹381 crore.
What happened
Cords Cable Industries (CORDSCABLE) filed a disclosure with the exchanges on 9 October 2026 at 10:52 AM titled "The Credit Rating for Banking Facilities".
Company snapshot
Cords Cable Industries is a micro-cap company, with a market value of about ₹381 crore.
The stock last traded at ₹295, against a 52-week range of ₹127–₹407 (27.5% below the high).
Before this filing the shares had moved +0.8% over the month and +54.6% over three months. Average daily turnover over the last 20 sessions was about ₹8.51 crore.
Promoters held 52.45% at the end of Q1 FY27. Foreign institutions owned 1.29% and domestic institutions 0.59%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 226 | 3.9 | 2.97 |
| Q2 FY26 | 226 | 3.6 | 2.74 |
| Q3 FY26 | 236 | 4.9 | 3.78 |
| Q4 FY26 | 267 | 8.3 | 6.39 |
| Q1 FY27 | 247 | 7.8 | 6.01 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,252 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):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.