Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Hot Pursuit
Close

Scrips, which has significant changes during the market hours.

 
CARE Ratings upgraded Brooks Laboratories' bank facilities, citing Rs 86.26 crore operations in FY26
12-Nov-26 19:14Hrs IST

Brooks Laboratories Ltd announced credit rating actions from multiple agencies, with CARE Ratings Limited upgrading its Long-term Bank Facilities to CARE BB+; Stable from CARE BB; Stable and its Short-term Bank Facilities to CARE A4+ from CARE A4, while maintaining the rating on Fund-based - LT-Cash Credit at CARE BB+; Stable and Non-fund-based - ST-BG/LC at CARE A4+, with a separate maintenance of CARE A4 on November 11, 2025, for Non-fund-based - ST-BG/LC, and CARE BB-; Stable and CARE BB-; Positive on prior dates of November 7, 2024, and October 31, 2023, respectively; CARE Ratings Ltd. also upgraded Long-term bank facilities to CARE BB+; Stable and Short-term bank facilities to CARE A4+ from CARE BB and CARE A4, respectively, noting a modest scale of operations at Rs 86.26 crore in FY26 and referencing instruments including Corporate Bonds and Debentures and Commercial Papers, alongside Guaranteed bank debt of Rs 116.77 crore and Outstanding CG exposure of Rs 48.15 crore, with a target revenue of ~Rs 150 crore in FY29; furthermore, CARE Ratings Limited (Care Edge Ratings) has assigned a Stable outlook to the Manufacturing Business in anticipation of a proposed demerger into Abridge Speciality Limited (ASL), with positive and negative sensitivity triggers based on TOI and PBILDT performance, while CareEdge Ratings clarified that its ratings represent opinions on the likelihood of timely payment.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise