On Saturday, Som Distilleries and ICICI Prudential shared information about credit ratings with the stock market. The rating agency has upgraded the rating of Som Distilleries while the rating of ICICI Prudential has been retained. The announcement of ratings of both the companies in the next trading session can show its effect on the stock.

Som Distilleries & Breweries

Company said in a communication sent to the stock exchanges on Saturday that rating agency Infomerics Ratings has upgraded its bank loan rating. The rating agency has informed that the rating has been upgraded from triple B plus to A minus. The company said that this change in rating reflects the company's strong financial position, effective risk management. In Friday's trading, the stock of Som Distilleries closed below the level of 120 with a fall of 0.75 percent. The stock's highest level of the year is 156. At the same time, the lowest level of the year is 84.52. The stock's return for the year has been negative. A year ago, the stock was above the level of 125. At the same time, the stock made its highest level in October last year. ICICI Pru ICICI Prudential Life Insurance has said in a communication sent to the stock exchange that Crisil Ratings has maintained the rating of its Rs 1200 crore subordinate debt as Crisil Triple A and stable outlook. According to Crisil, this decision has been taken regarding the rating due to strong links with ICICI Bank, ability to maintain market position in its sector, better distribution network and better business. In the last session, the stock closed above 768 with a gain of 1.8 percent. The stock's highest level of the year is 773. At the same time, the lowest level of the year is 463.