CRISIL reaffirms ratings; bank loan limit raised to Rs 565 Cr

New Credit FacilityCredit & 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

-4.4%Reaction day

₹66.09

prior close

₹66.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.3%-2.1% vs market

Iron & Steel Products peers, median of 105sector-2.7%-1.7% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.7 pts less 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

-2.1

10m

-1.8

15m

-2.0

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4-2.3-2.1-2.7-1.7

Next day

-4.7-1.9-2.8-3.1-1.6

-1.4-0.2-1.2-1.0-0.4

-2.4pendingpending-1.6-0.8

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15d

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 105Pending

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

AI summary

CRISIL Ratings has reaffirmed Hi-Tech Pipes' credit ratings: long term at A+/Stable and short term at A1. The total bank loan facilities have been enhanced from Rs 510 Crore to Rs 565 Crore, an increase of Rs 55 Crore. The credit bulletin updates bank-wise facility details as required by RBI. No change in ratings.

Likely market impact

Positive: ratings reaffirmed and bank loan limit hiked by Rs 55 Cr, signaling continued lender confidence.