Acuite reaffirms credit ratings, assigns on new Rs 50 Cr facility

New Credit FacilityCredit & Debt View source PDF Explain this filing

GLOSTERLTD · 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

+0.4%Reaction day

₹539.00

prior close

₹539.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.4% vs market

Paper Forest & Jute Products peers, median of 23sector · industry level-0.7%+1.1% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.1 pts more than its Paper Forest & Jute Products 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.0+0.4-0.7+1.1

Next day

+2.2+1.3+0.9-0.4+2.6

+1.2+1.1+0.1-1.0+2.1

+0.7-1.7+2.5-2.6+3.3

-1.1-1.4+0.3-3.0+1.9

+0.4-0.6+1.0-0.7+1.0

+0.9+0.3+0.7+0.3+0.6

15d

-5.3-6.1+0.8-5.6+0.2

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UpDownMarket · Nifty Microcap 250Sector · Paper Forest & Jute Products peers, median of 23Pending

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

AI summary

Acuite Ratings reaffirmed long-term ACUITE A+ and short-term ACUITE A1 ratings on Gloster Limited existing Rs 295 Cr bank facilities with a Stable outlook. Acuite also assigned the same ratings (ACUITE A+ long-term, ACUITE A1 short-term) on an additional Rs 50 Cr of bank facilities, also with a Stable outlook.

Likely market impact

Stable ratings and outlook signal continued financial strength. Rating on new Rs 50 Cr facility points to healthy banking ties and access to credit.