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AutomobilesMedium impactPre-market

Sundaram Brake Linings ICRA rating outlook revised to negative

pre-market1 source ↓written by the desknot a recommendation

banking facilities totaling
₹114.07 cr
term loan
₹25 cr
cash credit
₹85 cr

Sundaram Brake Linings Limited reported that ICRA has reaffirmed its ratings while revising the outlook to Negative from Stable. This action affects banking facilities totaling ₹114.07 cr, including a ₹25 cr term loan and ₹85 cr cash credit, both rated at BBB+.

This change reflects a cautious view on the company's credit profile, which may impact investor sentiment and borrowing costs.

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 28 Mar 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SUNDARAM closed −5.1% on the day of the news, from ₹1.18 to ₹1.12; Nifty −2.1% over the same session.

Bulletin at 07:04 IST on 28 Mar 2026. Every change is measured from ₹1.18, the last close before it, on 27 Mar. Nifty 50 is measured over the same sessions.

  • SUNDARAM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SUNDARAM closes around the bulletin against the close before the news, with Nifty 50 rebased to it0.941.191.45axis spans 54%before the news · 27 Mar1.18Nifty 50SUNDARAMbulletinD0+1+3+520 Mar6 Apr16 AprReference close ₹1.18. 16 sessions from 20 Mar to 16 Apr; the price axis spans 54 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 %
Before27 Mar₹1.18basebase
On the day30 Mar₹1.12▼ −5.1%▼ −2.1%−2.9 pp difference
+1 session1 Apr₹1.22▲ +3.4%▼ −0.6%+4.0 pp difference
+3 sessions6 Apr₹1.27▲ +7.6%▲ +0.7%+7.0 pp difference
+5 sessions8 Apr₹1.36▲ +15.3%▲ +5.2%+10.1 pp difference
Gap at the open, % · ₹
▼ −0.8%−0.01 on 30 Mar
Day's range, % · ₹
5.9%≈ 0.07 high to low
Volume on the day
1.12×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 · SUNDARAM on the desk →

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