Kamdhenu Ltd Receives Credit Rating Upgrade to CARE A+; Stable from CARE Ratings Limited
Kamdhenu Ltd has seen an upgrade in its credit rating following a review by CARE Ratings Limited. The agency upgraded the company's issuer rating, citing recent developments concerning the company's operational and financial performance for Fiscal Year 2026 (Abridged).CARE Ratings Limited confirmed the revision of the company's rating, noting that the update reflects its assessment of the company’s general creditworthiness. The review concluded with an upgrade in the issuer rating status.
The credit ratings provided by CARE Ratings Limited are based on developments and performance data observed for FY26 (Abridged).
The details of the credit rating assignment are summarized below:
| Agency Name | Rating Type | Previous Rating | New Rating |
|---|---|---|---|
| Care Ratings Limited | Issuer Rating | CARE A; Stable | CARE A+; Stable |
This upgraded rating was determined after reviewing the company's performance and operational status.
KAMDHENU Stock Price Movement
On Thursday, shares of Kamdhenu Limited shed value, sinking 2.25% to close at ₹28.23. The equity traded within a range of ₹27.52 to ₹29.00, with a total volume of 567,404 shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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