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ChemicalsMedium impactPre-market

Chemfab Alkalis bank rating downgraded to IND BBB+

pre-market1 source ↓written by the desknot a recommendation

affects loans totaling
₹1,673 million
₹27 million
for 9MFY26
₹2,362 cr

India Ratings has downgraded Chemfab Alkalis Limited's bank loan facilities to IND BBB+ with a Negative Outlook, down from IND A-. This affects loans totaling ₹1,673 million and ₹27 million. The downgrade reflects a slowdown in performance, with net leverage projected at 3.6x and revenue of ₹2,362 cr for 9MFY26.

The rating cut signals heightened risk for lenders and may impact investor sentiment in the chlor-alkali sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Mar 2026, 07:01 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CHEMFAB closed −1.1% on the day of the news, from ₹358.00 to ₹354.10; Nifty +1.1% over the same session.

Bulletin at 07:01 IST on 15 Mar 2026. Every change is measured from ₹358.00, the last close before it, on 13 Mar. Nifty 50 is measured over the same sessions.

  • CHEMFAB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CHEMFAB closes around the bulletin against the close before the news, with Nifty 50 rebased to it266.78358.00449.22axis spans 68%before the news · 13 Mar358.00Nifty 50CHEMFABbulletinD0+1+3+59 Mar19 Mar1 AprReference close ₹358.00. 16 sessions from 9 Mar to 1 Apr; the price axis spans 68 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 Mar₹358.00basebase
On the day16 Mar₹354.10▼ −1.1%▲ +1.1%−2.2 pp difference
+1 session17 Mar₹363.45▲ +1.5%▲ +1.9%−0.3 pp difference
+3 sessions19 Mar₹359.50▲ +0.4%▼ −0.6%+1.1 pp difference
+5 sessions23 Mar₹339.75▼ −5.1%▼ −2.8%−2.3 pp difference
Gap at the open, % · ₹
▼ −0.5%−1.75 on 16 Mar
Day's range, % · ₹
6.5%≈ 23 high to low
Volume on the day
1.06×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · CHEMFAB on the desk →

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