Announced Thu, 9 Jul · 20:24 IST
Credit rating migrated to CRISIL BB with Issuer Not Cooperating tag
CONTROLPR · price
▲ 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
+1.6%1-day move
₹644.00
prior close
₹649.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.2——+1.6+1.0-0.2+0.1+0.7-0.3————
Up moveDown movePending
AI summary
CRISIL migrated Control Print's bank facility ratings to CRISIL BB/Stable for long-term and A4+ for short-term, both tagged as Issuer Not Cooperating. The company had already started withdrawing its CRISIL ratings and did not submit the required Non-Default Statement, which triggered the migration. CRISIL BB is a non-investment grade (speculative) category.
Likely market impact
Rating falls to speculative grade BB with INC tag due to non-submission of data; may dent lender confidence and raise borrowing costs.