Update- Credit Rating Reaffirmed and withdrawal of NCDs Rating

Debt PrepaidCredit & Debt View source PDF

CAPACITE · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

-3.9%1-day move

₹224.15

prior close

₹225.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.2-1.4-0.8-0.6-3.9-2.7+0.1+0.2+2.8-2.1-5.9+17.8-0.6—

Up moveDown movePending

AI summary

Capacite Infraprojects has fully redeemed its Non-Convertible Debentures (NCDs) worth ₹52.50 crore, leading to withdrawal of the rating assigned to these NCDs by Infomerics Valuation and Rating Limited. The credit rating agency has reaffirmed the ratings for the company's bank facilities, maintaining Long Term Rating at IVR BBB+/Stable and Short Term Rating at IVR A2. Total bank loan facilities stand at ₹2,235.72 crore. The NCD redemption reduces the company's debt obligations while keeping its credit profile intact.

Likely market impact

Positive for shareholders as the company has successfully reduced its debt by redeeming NCDs while maintaining stable credit ratings, indicating sound financial health.