NLC India Limited's creditworthiness has been affirmed by CRISIL Ratings, highlighting its strong financial standing. 🌟

𝗞𝗲𝘆 𝗥𝗮𝘁𝗶𝗻𝗴 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:

- 𝗕𝗮𝗻𝗸 𝗟𝗼𝗮𝗻 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀: The rating for bank loan facilities has been 𝗿𝗲𝗮𝗳𝗳𝗶𝗿𝗺𝗲𝗱 at 𝗖𝗥𝗜𝗦𝗜𝗟 𝗔𝗔𝗔/𝗦𝘁𝗮𝗯𝗹𝗲.

The total amount for these facilities has been reduced to ₹9,140.44 𝗖𝗿𝗼𝗿𝗲 from the previous ₹10,334.7 Crore.

This reduction in debt could signal improved financial management. 📉

- 𝗡𝗼𝗻-𝗖𝗼𝗻𝘃𝗲𝗿𝘁𝗶𝗯𝗹𝗲 𝗗𝗲𝗯𝗲𝗻𝘁𝘂𝗿𝗲𝘀 (𝗡𝗖𝗗𝘀): The rating for NCDs aggregating ₹2,500 𝗖𝗿𝗼𝗿𝗲 has also been 𝗿𝗲𝗮𝗳𝗳𝗶𝗿𝗺𝗲𝗱 at 𝗖𝗥𝗜𝗦𝗜𝗟 𝗔𝗔𝗔/𝗦𝘁𝗮𝗯𝗹𝗲.

This indicates continued confidence in the company's ability to meet its debt obligations.

SAUDI ARABIA SETS OCTOBER ARAB LIGHT CRUDE OIL OSP TO ASIA AT MINUS $2/BBL VS OMAN/DUBAI AVERAGE- PRICING DOCUMENT SEEN BY RTRS

Grok and Claude both experienced "outages" today

POLYCAB, FINOLEX

Price hikes were announced to dealers in August end-but were delayed due to large competitors' announcement - NDTV PROFIT

Price hikes undertaken due to rising copper prices and elevated input costs

FINOLEX CABLES

3% hike on Light Duty Cables and Communication Cables w.e.f Sept 4 - NDTV PROFIT

KEI IND

No price action taken by KEI Industries yet - NDTV PROFIT

SEBI

SEBI to propose changes to CAS system in a week's time

Changes specifically to calculation of settlement prices of derivative contracts

SEBI to review settlement price methodology for derivatives contract

OSWAL PUMPS:

CO DEPLOYS IPO PROCEEDS TO EXPAND SOLAR MODULE CAPACITY TO 1,570 MW; EXPANDS INTO INDUSTRIAL PUMPS AND ROOFTOP SOLAR

SAUDI ARABIA SETS OCTOBER ARAB LIGHT CRUDE OIL OSP TO UNITED STATES AT PLUS $4.60/BBL VS ASCI- PRICING DOCUMENT SEEN BY RTRS

ACME SOLAR HOLDINGS:

CO ACCELERATES BESS AND FIRM RENEWABLE DEPLOYMENT, TARGETS 10 GW OPERATIONAL CAPACITY AND 25 GWH STORAGE BY 2030