Hind Rectifiers Limited has informed the Exchange about Credit Rating- Revision

Credit & Debt View source PDF Explain this filing

HIRECT · 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

+5.1%Reaction day

₹775.60

prior close

₹779.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+4.2% vs market

Industrial Products peers, median of 108sector-0.0%+5.2% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 5.2 pts more than its Industrial 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

+0.1

10m

+1.0

15m

+1.8

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+1.0+4.2-0.0+5.2

Next day

+3.1+0.3+2.8-0.5+3.7

+8.2+0.3+7.9-0.2+8.4

+7.9+0.8+7.2+0.0+7.9

+12.4+0.9+11.5-0.0+12.4

+12.8+1.4+11.4+0.2+12.5

+7.4+1.2+6.2+0.4+7.0

15d

+9.5+1.8+7.6+0.1+9.4

+8.6+0.1+8.5-1.7+10.3

+20.6+2.4+18.2-2.1+22.7

-2.7-2.8+0.2-11.5+8.9

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 108Pending

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

AI summary

Hind Rectifiers Limited has informed the stock exchange about a revision in its credit rating. The specific rating agency and the new rating details are not available in the provided headline. Credit rating revisions typically reflect changes in the company's financial health, debt levels, or business outlook as assessed by an external rating agency.

Likely market impact

The exact impact on shareholders is unclear without knowing whether the rating was upgraded or downgraded. Any rating revision should be monitored as it affects the company's borrowing costs and perceived financial stability.