Control Print Ltd shares see change as CRISIL withdraws credit ratings at companys request
Why did Control Print Ltd-$ shares jump today?
At 01:42 PM on Monday, shares of Control Print Ltd-$ experienced a modest jump of 0.11%, with the current price standing at ₹591.6. This positive movement occurred following an important update from the company regarding its credit ratings, which caught investors' attention and likely contributed to the upward trend.
The news, disclosed in a filing on September 02, 2026, states that at the request of Control Print Ltd, CRISIL Ratings Limited has migrated and withdrawn the credit ratings previously assigned to the company's bank facilities. Specifically, the long-term rating of Crisil A/Stable and the short-term rating of Crisil A1 have both been withdrawn in line with CRISIL's policy on rating withdrawals. This means the company no longer holds these external credit assessments from CRISIL, which can be a routine administrative action or reflect a strategic shift in how the company manages its financing.
This development is generally viewed as neutral or slightly positive by the market, as it might indicate that Control Print Ltd has simplified its financial structure or improved its creditworthiness to the point where external ratings are no longer necessary. Such perceptions can boost investor confidence, explaining why the share price saw a small but notable increase today.
What does Control Print Ltd-$ do?
Control Print Ltd is a company listed on the BSE Limited and the National Stock Exchange of India Limited, operating under the Scrip Code 522295 and Symbol CONTROLPR. It adheres to the disclosure requirements set by the Securities and Exchange Board of India under its listing obligations and disclosure requirements regulations.
The company maintains both long-term and short-term bank facilities, for which it had received credit ratings from CRISIL Ratings Limited. At the company's request, these assigned ratings, specifically a long-term rating of Crisil A/Stable and a short-term rating of Crisil A1, have been migrated and withdrawn in accordance with CRISIL's established policy.
Control Print Ltd-$ Financials
In CroresControl Print Ltd-$ reported a revenue decline from ₹139.87 crore in March 2026 to ₹115.56 crore in June 2026, representing a sequential quarter-over-quarter decrease. Correspondingly, the company's profit fell significantly from ₹11.19 crore to ₹3.92 crore during the same period. Both metrics indicate a notable downward trend in the company's financial performance from the first to the second quarter of the reported period.
Control Print Ltd-$ Shareholding Pattern
Promoter holding stands at 52.99% of the total share capital. Foreign Institutional Investors (FIIs) hold 3.07% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.16%. Public shareholders hold the remaining 43.78% stake in Control Print Ltd-$.
Control Print Ltd-$ FAQs
Q: Why did Control shares jump 0.11% today?
This is to inform that at the requet of the Company, CRISIL Rating Limited, has migrated and withdrawn the credit ratings assigned to the Company.. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Control Print Ltd-$?
As per the latest data, promoters hold 52.99% stake in Control Print Ltd-$, while FII holding stands at 3.07%. Domestic institutional investors hold 0.16%, and public shareholders account for 43.78% of the equity.
Q: What is the current stock price of Control Print Ltd-$?
Control Print Ltd-$ shares are currently trading at ₹591.6, recording a gain of 0.11% from the previous close.
Q: What is the market capitalization of Control Print Ltd-$?
The company currently has a market capitalization of ₹946.22 crore, reflecting its valuation in the Indian equity market.