CRISIL upgrades Alpex Solar ratings; bank facilities raised to Rs 1078 Cr

Rating UpgradedCredit & Debt View source PDF Explain this filing

ALPEXSOLAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹763.00

prior close

₹763.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+0.4% vs market

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

+0.6

15m

+0.7

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-2.2-2.6+0.4

Next day

-8.3-3.6-4.7

-11.6-5.8-5.7

-9.7-5.5-4.2

-9.2pendingpending

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15d

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CRISIL upgraded Alpex Solar long-term rating from BBB+/Stable to A-/Stable and short-term rating from A2 to A2+. Total bank loan facilities rated enhanced from Rs 573 Crore to Rs 1078 Crore across lenders like SBI, HDFC Bank, Axis Bank and others. Upgrade signals improved credit profile and lower borrowing costs ahead.

Likely market impact

Positive signal. Better credit profile may lower borrowing costs and improve lender confidence in the company.