OICHARTS
8 AMThe 8 AM report →
MetalsMedium impactAfter close

Credit rating upgrade for Sarda Metals & Alloys

after close1 source ↓machine-written, see hownot a recommendation

rated remain
₹659.81 cr
of the subsidiary
100% ownership

Sarda Energy & Minerals announced that CRISIL upgraded its subsidiary, Sarda Metals & Alloys, from CRISIL A/Positive to CRISIL AA-/Stable on 7 October 2026. The short-term rating improved from CRISIL A1 to CRISIL A1+, reflecting strong financial stability. This upgrade may enhance the subsidiary's borrowing capacity and investor confidence.

• Total bank facilities rated remain at ₹659.81 cr

• Parent company retains 100% ownership of the subsidiary.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This 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 7 Oct 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SARDAEN closed −1.5% on the day of the news, from ₹499.35 to ₹491.90; Nifty −1.6% over the same session.

Bulletin at 16:06 IST on 7 Oct 2026. Every change is measured from ₹499.35, the last close before it, on 7 Oct. Nifty 50 is measured over the same sessions.

  • SARDAEN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SARDAEN closes around the bulletin against the close before the news, with Nifty 50 rebased to it442.62499.35556.08axis spans 26%before the news · 7 Oct499.35Nifty 50SARDAENbulletinD0+1+330 Sept8 Oct14 OctReference close ₹499.35. 10 sessions from 30 Sept to 14 Oct; the price axis spans 26 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 %
Before7 Oct₹499.35basebase
On the day8 Oct₹491.90▼ −1.5%▼ −1.6%+0.1 pp difference
+1 session9 Oct₹481.15▼ −3.6%▼ −0.4%−3.3 pp difference
+3 sessions13 Oct₹471.90▼ −5.5%▲ +0.5%−6.0 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
0.0%0.00 on 8 Oct
Day's range, % · ₹
2.5%≈ 12 high to low
Volume on the day
0.46×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 · SARDAEN on the desk →

Sector · MetalsAll Metals bulletins →

Company · SARDAENAll SARDAEN bulletins →