Announced Thu, 23 Jul · 19:50 IST
Credit rating outlook revised from Watch Developing to Stable
Credit & Debt View source PDF
HARIOMPIPE · 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
+3.4%1-day move
₹382.05
prior close
₹382.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.9-0.7-0.7+3.4—————————
Up moveDown movePending
AI summary
CRISIL has revised the outlook on Hariom Pipe Industries' credit ratings. The long-term rating stays at A- but the outlook moves from Watch Developing to Stable. The short-term rating stays at A2+ with the Watch Developing removed. The actual rating levels have not changed - only the uncertainty has been resolved, which is mildly positive for the company.
Likely market impact
Removal of Watch Developing reduces uncertainty, but no actual rating upgrade means limited impact on borrowing costs or stock price.