CRISIL reaffirms credit ratings, bank facility up to Rs 565 Cr

Credit & Debt View source PDF Explain this filing

HITECH · 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

₹71.05

prior close

₹70.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+1.3% vs market

Iron & Steel Products peers, median of 103sector-1.6%+1.3% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.3 pts more than its Iron & Steel 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

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10m

-0.1

15m

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30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-1.7+1.3-1.6+1.3

Next day

-3.2-4.2+1.0-3.5+0.2

-7.0-5.2-1.8-5.0-2.0

-11.1-7.4-3.7-7.1-3.9

-11.3-7.0-4.3-8.2-3.1

-8.3-5.5-2.8-5.4-2.9

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 103Pending

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

AI summary

CRISIL reaffirmed Hi-Tech Pipes credit ratings. Long term rating at A+/Stable and short term at A1, both reaffirmed. Total bank loan facilities rated at Rs 565 Crores, enhanced from Rs 510 Crores. Stable credit profile with increased lender confidence.

Likely market impact

Positive - ratings stable and bank facility limit raised, reflecting strong credit standing.