Infomerics upgrades Morepen Laboratories to IVR A
Morepen Laboratories (MOREPENLAB) said Infomerics has upgraded its credit rating to IVR A. The company is valued at about ₹5,200 crore.
What happened
In a filing with the BSE on 14 November 2026 at 11:38 AM, Morepen Laboratories (MOREPENLAB) said that Infomerics has upgraded its credit rating to IVR A.
From the filing: "the SEBI Listing Regulations , w e wish to inform that Infomerics Valuation and Rating Limited ( " INFOMERICS " ) , a SEBI registered Credit Rating Agency , vide its letter dated 13 th November 2026, has upgraded the rating of bank facilities of the company to IVR A/ Stable ."
Company snapshot
Morepen Laboratories is a small-cap company, with a market value of about ₹5,200 crore.
The stock last traded at ₹94.9, against a 52-week range of ₹33.05–₹150.7 (37.0% below the high).
Before this filing the shares had moved −22.4% over the month and +17.3% over three months. Average daily turnover over the last 20 sessions was about ₹55.36 crore.
Promoters held 35.65% at the end of Q2 FY27. Foreign institutions owned 3.43% and domestic institutions 1.71%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 412 | 40.9 | 0.75 |
| Q3 FY26 | 484 | 27.5 | 0.5 |
| Q4 FY26 | 485 | 15.7 | 0.28 |
| Q1 FY27 | 570 | 56.4 | 1.03 |
| Q2 FY27 | 747 | 88.9 | 1.62 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,468 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 48% 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):
- Morepen Laboratories VP Nishant Doshi Resigns
- Morepen Laboratories Enters US Prescription Generics Market with Desloratadine Launch
- Morepen Laboratories Limited (MOREPENLAB.NS) Seasonal returns chart
- Morepen Laboratories VP Corporate Finance Nishant Doshi resigns
- Morepen Laboratories Ltd Locks at Upper Circuit With 5% Gain — Buyers Queue, Sellers Absent
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.