CRISIL downgrades ratings on Rs 995 Cr bank loan facilities

Rating DowngradedCredit & Debt View source PDF Explain this filing

JAIBALAJI · price

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Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹64.77

prior close

₹63.89

announcement price

In-mkt

timing

Nifty Microcap 250market-0.1%-1.2% vs market

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250, 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

-0.7

15m

-0.7

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.4-0.1-1.2

Next day

-0.4+0.3-0.6

+3.2+1.6+1.6

+1.0+0.1+0.9

+0.4+0.3+0.0

-2.1-1.2-0.9

-2.4-0.5-1.9

15d

+0.8-2.2+3.0

+5.0-6.6+11.6

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

CRISIL has revised down Jai Balaji Industries credit ratings on total bank loan facilities of Rs 995 Crores. Long term rating moved from CRISIL BBB+/Stable to CRISIL BBB/Stable. Short term rating moved from CRISIL A2 to CRISIL A3+. The downgrade indicates reduced confidence in the company ability to meet debt obligations, though ratings remain in the investment grade category.

Likely market impact

Negative for shareholders; signals weakening credit profile and may increase future borrowing costs.