Announced Thu, 6 Aug · 19:53 IST
GP Petroleums 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
GP Petroleums Limited announced that India Ratings and Research has affirmed its credit rating at IND BBB- for long-term with Stable outlook, and IND A3 for short-term. The rating covers bank loan facilities of INR 1,000 million. Affirmation means the rating is maintained at its current level with no change.
Likely market impact
Rating affirmation signals unchanged credit profile; borrowing costs and lender confidence remain steady for shareholders.