Capri Global credit rating upgraded to AA plus Stable by Acuite

Rating UpgradedNew Credit FacilityCredit & Debt View source PDF Explain this filing

CGCL · 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

+2.4%Reaction day

₹227.13

prior close

₹229.90

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.1%+2.3% vs market

Non Banking Financial Company (NBFC) peers, median of 215sector+0.1%+2.3% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Smallcap 250 and 2.3 pts more than its Non Banking Financial Company (NBFC) peers, 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

-0.5

10m

-0.6

15m

-0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+0.1+2.3+0.1+2.3

Next day

+7.0+0.5+6.5+0.0+7.0

+4.7-0.2+4.9-0.3+5.0

+4.6-2.1+6.8-1.8+6.4

+12.5-0.6+13.1-0.6+13.1

+11.1+0.8+10.4-0.1+11.3

+13.3-0.0+13.3-1.0+14.3

15d

+5.2-2.1+7.4-2.1+7.4

-0.7+1.0-1.7-1.4+0.7

+19.7+2.6+17.1-0.7+20.5

+8.8-1.8+10.6-3.3+12.1

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 215Pending

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

AI summary

Acuite Ratings has upgraded Capri Global's bank loan ratings of Rs 9,550 crore and non-convertible debentures of Rs 2,850 crore from AA to AA plus with Stable outlook. Additionally, a fresh bank loan limit of Rs 1,000 crore was assigned the same AA plus rating, taking total rated facilities to Rs 13,400 crore. The upgrade signals improved credit profile and lower borrowing cost potential.

Likely market impact

Positive for shareholders: stronger credit rating reflects improved financial health, may reduce future borrowing costs and boost investor confidence.