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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.

BCEIE News Desk · Published 14 Nov 2026, 11:55 am IST · Filing received 14 Nov 2026, 11:38 am IST

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%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2641240.90.75
Q3 FY2648427.50.5
Q4 FY2648515.70.28
Q1 FY2757056.41.03
Q2 FY2774788.91.62

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):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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