ICRA reaffirms Vedanta Aluminium Metal at ICRA AA+
Vedanta Aluminium Metal (VAML) said ICRA has reaffirmed its credit rating at ICRA AA+. The company is valued at about ₹1.61 lakh crore.
What happened
Vedanta Aluminium Metal (VAML) told the exchanges on 30 September 2026 at 06:11 PM that ICRA has reaffirmed its credit rating at ICRA AA+.
Company snapshot
Vedanta Aluminium Metal is a large-cap company, with a market value of about ₹1.61 lakh crore.
The stock last traded at ₹412.9, against a 52-week range of ₹401.2–₹537 (23.1% below the high).
Before this filing the shares had moved −0.2% over the month and −5.9% over three months. Average daily turnover over the last 20 sessions was about ₹377 crore.
Promoters held 56.38% at the end of Q1 FY27; 99.99% of promoter shares were pledged. Foreign institutions owned 12.55% and domestic institutions 13.91%.
What history shows
This is not the company's first credit rating disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.5% on average the next trading day and was down 2.4% on average after five days (3 filings with price data).
Market-wide, 1,184 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 13 Aug 2026 | Credit Rating | −2.0% | −2.3% |
| 16 Jul 2026 | Credit Rating | −4.2% | −4.5% |
| 24 Jun 2026 | Credit Rating | −4.4% | −0.3% |
Market reaction so far
Since the filing, the stock has fallen 5.0%, from ₹434.5 before the disclosure to ₹412.9 (last close).
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):
- Vedanta Aluminium Metal Ltd. Share Price Today - Vedanta Aluminium Metal Ltd. Stock Price Live NSE/BSE
- Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings
- Vedanta Aluminium Metal Ltd. Key Financial Ratios – Valuation, Profitability & More
- Vedanta Aluminium Metal Ltd. Share Price Near 52-Week Low
- Vedanta Aluminium stock jumps 4% days after hitting 52-week low! Can it reclaim demerger level? Experts decode outlook
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.