Nandan Denim's share price increased by approximately 1% to ₹2.94 following the reaffirmation of its credit ratings by Infomerics Ratings. The company's long-term borrowings of ₹279.74 crore maintained a BBB rating with a Stable outlook, and short-term facilities of ₹60 crore were rated A3. This reaffirmation highlights the company's stable credit profile and liquidity. Nandan Denim also reported a 7.64% year-on-year increase in net profit to ₹9.44 crore in Q2, with expenses declining.