J.G.Chemicals Limited has informed the Exchange about Credit Rating- Revision

Credit & Debt View source PDF Explain this filing

JGCHEM · 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

+0.2%Reaction day

₹353.00

prior close

₹356.45

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.7% vs market

Commodity Chemicals peers, median of 51sector+0.3%-0.1% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.1 pts less than its Commodity 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

-0.2

10m

-0.3

15m

-0.2

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.9-0.7+0.3-0.1

Next day

+0.0+0.9-0.9-0.0+0.0

+2.3+1.3+1.0+0.6+1.7

-2.4-1.4-1.0-2.8+0.4

-1.7-1.4-0.3-2.9+1.2

-3.3-1.5-1.8-3.4+0.1

-10.8-3.8-7.0-4.7-6.1

15d

+0.4+3.1-2.6-1.7+2.1

-4.2+5.7-10.0-0.4-3.8

+9.4+7.1+2.3+0.7+8.8

+42.0+12.9+29.0+4.8+37.2

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 51Pending

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

AI summary

J.G.Chemicals Limited has informed the stock exchange about a revision in its credit rating. The company has communicated this update to NSE, signaling a change in its creditworthiness assessment by the rating agency. However, the specific direction of the revision (upgrade or downgrade) and the revised rating details are not mentioned in the available information. Shareholders should look for further disclosures from the company or rating agency announcements to understand the exact impact.

Likely market impact

Credit rating revisions can affect the company's borrowing costs and investor confidence, but the direction (upgrade or downgrade) is not clear from this announcement, making the immediate impact ambiguous until further details emerge.