India Ratings assigns IG Petrochemicals at IND AA
IG Petrochemicals (NSE: IGPL) said India Ratings has assigned its credit rating at IND AA. The company is valued at about ₹1,787 crore.
What happened
IG Petrochemicals (NSE: IGPL) informed the stock exchanges on 4 November 2026 at 12:47 PM that India Ratings has assigned its credit rating at IND AA.
Company snapshot
IG Petrochemicals is a small-cap company, with a market value of about ₹1,787 crore.
The stock last traded at ₹580.2, against a 52-week range of ₹315–₹609.9 (4.9% below the high).
Before this filing the shares had moved −3.5% over the month and +9.1% over three months. Average daily turnover over the last 20 sessions was about ₹2.72 crore.
Promoters held 68.74% at the end of Q1 FY27. Foreign institutions owned 2.67% and domestic institutions 1.61%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 470 | -13 | -4.22 |
| Q2 FY26 | 465 | -2 | -0.65 |
| Q3 FY26 | 465 | -10.9 | -3.52 |
| Q4 FY26 | 524 | 28.1 | 9.11 |
| Q1 FY27 | 618 | 66.4 | 21.57 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,405 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.
- 5 November 2026: Board meeting — Financial Results/Dividend.
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.