GRP Limited - CRISIL downgrades credit ratings on Rs 152.62 Cr bank facilities

Rating DowngradedCredit & Debt View source PDF Explain this filing

GRPLTD · 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

+9.0%Reaction day

₹1720.60

prior close

₹1813.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+8.6% vs market

Rubber peers, median of 9sector-0.6%+9.6% vs sector

On the reaction day the stock moved 8.6 pts more than Nifty Microcap 250 and 9.6 pts more than its Rubber 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

-0.4

10m

+0.2

15m

-0.5

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.0+0.4+8.6-0.6+9.6

Next day

+3.6+0.7+2.9-0.1+3.7

+2.8+1.2+1.6+0.5+2.3

+0.6+0.6+0.0+1.0-0.5

-0.3-0.3+0.0-0.3+0.0

-3.2-0.7-2.5-1.1-2.1

-1.2+2.0-3.2-0.8-0.4

15d

+0.6+2.7-2.1-1.1+1.7

+1.7-2.3+4.0-5.7+7.4

+4.6+0.6+4.0-0.3+4.9

-0.5-8.3+7.8-13.6+13.1

UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 9Pending

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

AI summary

CRISIL has downgraded GRP Limited's credit ratings on bank facilities worth Rs 152.62 Crore. Long-term rating cut from CRISIL A-/Stable to CRISIL BBB+/Stable, and short-term rating from CRISIL A2+ to CRISIL A2. Reason cited is weakening business and financial risk profile due to trade tariffs and their impact on expected operating performance.

Likely market impact

Downgrade signals higher credit risk and borrowing costs for the company; may weigh on stock. Shareholders should monitor business performance.