CARE assigns AA and A1+ ratings to IRB bank facilities

Credit & Debt View source PDF Explain this filing

IRB · 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

+5.4%Reaction day

₹16.91

prior close

₹17.10

announcement price

In-mkt

timing

Nifty Smallcap 250market+1.4%+4.0% vs market

Civil Construction peers, median of 98sector+1.0%+4.5% vs sector

On the reaction day the stock moved 4.0 pts more than Nifty Smallcap 250 and 4.5 pts more than its Civil Construction 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

+0.0

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.4+1.4+4.0+1.0+4.5

Next day

+3.2+1.5+1.7+0.6+2.6

+3.3-0.9+4.3-1.8+5.1

+3.0-0.5+3.4-0.9+3.8

+5.9+0.7+5.2-1.0+6.9

+6.0+1.0+5.0-0.6+6.6

+3.5-0.2+3.7-0.3+3.9

15d

-4.9pendingpending-6.6+1.7

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

CARE Ratings has assigned credit ratings to IRB Infrastructure's bank facilities. Long-term facilities of Rs 459 Crore received CARE AA with Stable outlook, while short-term facilities of Rs 50 Crore received CARE A1+, the highest short-term rating. Total rated amount stands at Rs 509 Crore. CARE AA indicates high safety and low credit risk for long-term obligations.

Likely market impact

Strong ratings signal low default risk and solid financial health, reassuring for lenders and bondholders.