CRISIL upgrades Gujarat Ambuja Exports to AA
Gujarat Ambuja Exports (GAEL) said CRISIL has upgraded its credit rating to AA. The company is valued at about ₹6,584 crore.
What happened
In a filing with the BSE on 29 October 2026 at 12:18 PM, Gujarat Ambuja Exports (GAEL) said that CRISIL has upgraded its credit rating to AA.
From the filing: "Facilities/Instruments Amount (₹ in crore) Rating Rating Action Long Term Bank Facilities 649.00 Crisil AA/Stable Crisil AA/Stable (Upgraded from 'Crisil AA-/Stable') This intimation is also being uploaded on the Company's website at www.ambujagroup.com."
Company snapshot
Gujarat Ambuja Exports is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹6,584 crore.
The stock last traded at ₹143.5, against a 52-week range of ₹102.1–₹185 (22.4% below the high).
Before this filing the shares had moved −11.5% over the month and −8.0% over three months. Average daily turnover over the last 20 sessions was about ₹17.05 crore.
Promoters held 63.84% at the end of Q2 FY27. Foreign institutions owned 3.31% and domestic institutions 1.26%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,487 | 38 | 0.83 |
| Q3 FY26 | 1,484 | 65.9 | 1.44 |
| Q4 FY26 | 1,467 | 135.3 | 2.95 |
| Q1 FY27 | 1,594 | 176.8 | 3.85 |
| Q2 FY27 | 1,451 | 131.8 | 2.87 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.9% on average the next trading day and was up 5.8% on average after five days (2 filings with price data).
Across 21 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −1.2% on average the next day and −0.5% over five days; 33% of them rose the next day.
Market-wide, 1,348 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 8 Oct 2026 | Reaffirmation of Credit Rating by CARE Ratings Limited | +5.3% | +8.9% |
| 16 Sept 2026 | Credit Rating | +0.4% | +2.8% |
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):
- Gujarat Ambuja Exports Limited Financial Disclosures & Filings
- Gujarat Ambuja Exports Q2 Results: नफ्यात तब्बल ३ पटीने वाढ, कंपनीचा धडाकेबाज परफॉर्मन्स
- Gujarat Ambuja Exports Q2FY27 Results: Net profit rises 246% to ₹132 crore
- Here's Why Gujarat Ambuja Exports (NSE:GAEL) Has Caught The Eye Of Investors
- Gujarat Ambuja Exports Limited Estimates – NSE:GAEL
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.