Infomerics withdraws Deccan Cements rating
Deccan Cements (BSE: DECCANCE) said Infomerics has withdrawn its credit rating at IVR BB+. The company is valued at about ₹658 crore.
What happened
Deccan Cements (BSE: DECCANCE) informed the stock exchanges on 3 November 2026 at 06:23 PM that Infomerics has withdrawn its credit rating at IVR BB+.
From the filing: "Name of the Credit Rating Agency Credit Rating Outlook Rating Action Date of Credit Rating Verification Status of Credit Rating Agencies Date of Verification 1 Infomerics Valuation and Rating Limited Proposed NCD - Rating Withdrawn 02-11- 2026 Verified 03-11-2026 Earlier credit rating details Sr."
Company snapshot
Deccan Cements is a micro-cap company, with a market value of about ₹658 crore.
The stock last traded at ₹469.7, against a 52-week range of ₹465–₹1,055 (55.5% below the high).
Before this filing the shares had moved −17.0% over the month and −15.4% over three months. Average daily turnover over the last 20 sessions was about ₹0.61 crore.
Promoters held 56.25% at the end of Q1 FY27. Foreign institutions owned 14.65% and domestic institutions 0.86%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 151 | 15.3 | 10.96 |
| Q2 FY26 | 140 | 9.1 | 6.47 |
| Q3 FY26 | 131 | -0.6 | -0.4 |
| Q4 FY26 | 214 | 4.7 | 3.37 |
| Q1 FY27 | 219 | -7.4 | -5.24 |
What history shows
BCEIE's records show 4 previous credit rating filings from the company since May 2026.
After those filings, the stock fell 0.4% on average the next trading day and was down 0.0% on average after five days (3 filings with price data).
Market-wide, 1,381 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Aug 2026 | Credit rating | −1.5% | −2.1% |
| 12 Aug 2026 | Credit rating | −0.8% | +1.1% |
| 10 Jun 2026 | Credit rating | +1.1% | +0.8% |
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.