Announced Fri, 3 Jul · 18:29 IST
CRISIL reaffirms AA+/Stable credit rating for Jagran Prakashan
Credit & Debt View source PDF
JAGRAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹64.77
prior close
₹64.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.6-0.4-0.7-1.2-1.6-1.1-1.3-1.3-2.2-4.1———
Up moveDown movePending
AI summary
CRISIL has reaffirmed the credit ratings for Jagran Prakashan's instruments. Long-term rating of CRISIL AA+/Stable reaffirmed for Non-convertible Debentures worth INR 50 crores and bank loan facilities worth INR 285 crores. Short-term rating of CRISIL A1+ reaffirmed for bank facilities and commercial paper worth INR 70 crores. Reaffirmation shows continued confidence in the company's financial health and debt repayment ability.
Likely market impact
Positive. Reaffirmation of high AA+ rating signals strong creditworthiness and stable financial profile, supporting investor confidence.