Announced Thu, 6 Aug · 19:47 IST
Credit rating affirmed at IND BBB- with stable outlook
GULFPETRO · 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
+8.9%1-day move
₹54.68
prior close
₹56.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.7-0.7+0.0+8.9+14.2+14.8+12.5+13.5+14.8+24.2+19.1——
Up moveDown movePending
AI summary
India Ratings and Research has affirmed GP Petroleums Long-Term and Short-Term Issuer Rating at IND BBB- and IND A3 with a Stable Outlook. The rating covers bank loan facilities of about INR 1,000 million. Affirmation means the rating was maintained at the existing level, with no upgrade or downgrade. IND BBB- remains investment grade.
Likely market impact
Neutral. Rating held steady with stable outlook, indicating the rating agency views current financial health as unchanged.