CARE Ratings reaffirms HP Adhesives ratings, removes negative watch

Credit & Debt View source PDF Explain this filing

HPAL · 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

+0.5%Reaction day

₹33.83

prior close

₹33.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-0.4% vs market

Specialty Chemicals peers, median of 102sector+0.4%+0.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.1 pts more than its Specialty Chemicals 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

+1.4

10m

+1.4

15m

+0.1

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+0.8-0.4+0.4+0.1

Next day

+1.2+1.0+0.2+0.6+0.7

+0.9+1.7-0.8+1.8-0.8

-0.4+0.1-0.4+0.3-0.6

+0.8+0.8+0.0+0.9-0.1

+1.6-0.9+2.5-0.5+2.1

-4.3-4.5+0.2-4.7+0.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 102Pending

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

AI summary

CARE Ratings reaffirmed HP Adhesives' credit rating at CARE BBB (Stable) for long-term and CARE A3+ for short-term bank facilities worth ₹37.96 crore. The rating was removed from Rating Watch with Negative Implications and assigned a Stable outlook, signaling improved confidence in the company's credit profile.

Likely market impact

Removal from negative watch with Stable outlook signals improved credit confidence, positive for shareholders.