eMudhra Limited has informed the Exchange about Credit Rating- Revision

Rating UpgradedCredit & Debt View source PDF Explain this filing

EMUDHRA · price

Loading chart…

▲ 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

-0.4%Reaction day

₹768.15

prior close

₹772.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.3% vs market

IT Enabled Services peers, median of 60sector-0.5%+0.1% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.1 pts more than its IT Enabled Services 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

-0.3

10m

-0.3

15m

-0.3

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.1-0.3-0.5+0.1

Next day

-0.0+0.4-0.4+0.1-0.1

-0.1+0.7-0.9+0.2-0.3

+0.1+0.2-0.1+0.2-0.1

+3.5+0.4+3.1-0.2+3.7

+3.5+1.6+1.9+0.0+3.5

+4.3+2.4+1.9+1.7+2.6

15d

+3.5-0.6+4.1-2.3+5.8

-0.9-4.6+3.7-5.4+4.4

-9.5-2.1-7.4+0.1-9.6

-13.5-3.5-9.9-0.3-13.2

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 60Pending

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

AI summary

eMudhra Limited has informed the stock exchanges that ICRA Limited has assigned a credit rating of [ICRA]A (Stable) for long-term and [ICRA]A1 for short-term on the company's Rs. 35.0 crore unallocated bank facilities. The rating has been described as 'upgraded' by the company and is marked 'Outstanding'. The rating action was taken by ICRA's Rating Committee following the announcement related to Cryptas International GmbH (a German digital identity firm that eMudhra has been acquiring). The short-term rating of A1 indicates very strong capacity to meet obligations, while the long-term A (Stable) indicates adequate safety with low credit risk.

Likely market impact

Positive signal for shareholders — confirms eMudhra's creditworthiness remains solid (or improved) post the Cryptas International GmbH acquisition event, with no change in borrowing costs expected and continued lender confidence.