CARE upgrades Cemindia Projects credit ratings across all facilities

Credit rating upgradedCredit & Debt View source PDF Explain this filing

CEMPRO · 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

+0.3%Reaction day

₹1297.50

prior close

₹1299.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.2%+0.1% vs market

Civil Construction peers, median of 102sector+0.1%+0.1% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.1 pts more than its Civil Construction 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

+0.1

10m

+0.5

15m

-0.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.2+0.1+0.1+0.1

Next day

+1.2+0.2+1.0+0.2+1.0

-1.0+0.4-1.4-0.2-0.7

-1.9-0.1-1.8-1.1-0.9

-3.6-0.1-3.5-0.7-2.9

-3.7-0.6-3.1-1.2-2.5

-5.1-3.2-2.0-4.1-1.0

15d

-4.9-3.2-1.8-4.9-0.0

-10.7-4.3-6.4-6.0-4.7

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 102Pending

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

AI summary

CARE Ratings upgraded Cemindia Projects (formerly ITD Cementation India) credit ratings across all facilities. Long-term term loan, cash credit and vendor financing moved from A+ to AA- with Stable outlook. Short-term commercial paper upgraded from A1 to A1+. BG/LC facilities also upgraded to AA- with Stable and A1+.

Likely market impact

Signals improved credit profile. Likely lower borrowing costs. Positive sentiment for lenders and shareholders.