ICRA: rating update from ICRA
ICRA (ICRA) said ICRA has reviewed its credit rating. The company is valued at about ₹4,283 crore.
What happened
In a filing with the NSE on 29 October 2026 at 07:04 PM, ICRA (ICRA) said that ICRA has reviewed its credit rating.
Company snapshot
ICRA is a small-cap company, with a market value of about ₹4,283 crore.
The stock last traded at ₹4,437.6, against a 52-week range of ₹4,198.2–₹6,620 (33.0% below the high).
Before this filing the shares had moved +2.0% over the month and −6.5% over three months. Average daily turnover over the last 20 sessions was about ₹8.08 crore.
Promoters held 51.87% at the end of Q1 FY27. Foreign institutions owned 6.90% and domestic institutions 24.27%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 124 | 42.4 | 44.11 |
| Q2 FY26 | 137 | 47.8 | 49.68 |
| Q3 FY26 | 164 | 38.8 | 40.34 |
| Q4 FY26 | 175 | 52.5 | 54.5 |
| Q1 FY27 | 163 | 56.2 | 58.36 |
What history shows
BCEIE's records show 5 previous credit rating filings from the company since May 2026.
After those filings, the stock gained 1.4% on average the next trading day and was up 3.8% on average after five days (4 filings with price data).
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 |
|---|---|---|---|
| 30 Jul 2026 | A press release dated July 30, 2026, titled "Press Release". | +2.7% | +8.4% |
| 30 Jul 2026 | Outcome of Board Meeting held on July 30, 2026. | +2.7% | +8.4% |
| 3 Jul 2026 | Intimation Regarding Letters To Shareholders Whose Email Id Are Not… | +0.1% | −0.0% |
| 1 Jul 2026 | Deed Of Modification | +0.3% | −1.5% |
What to watch
- Whether other agencies take a similar view on the company's credit.
- 29 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- India’s electricity demand set to grow by 8.5% in FY2027: ICRA
- India's Power Demand Growth Forecast Raised To 8.5% For FY27: ICRA
- Tata Group stock in focus today as ICRA affirms rating to Rs 6,500-crore credit facilities
- ICRA raises India’s power demand growth forecast, projects 8.5% expansion in FY27
- Quote on IIP by Aditi Nayar, Chief Economist, ICRA Ltd
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.