JSW Cement: India Ratings affirms bank loan rating at AA-/Stable, assigns AA- to NCDs

New Credit FacilityCredit & Debt View source PDF Explain this filing

JSWCEMENT · 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

-0.7%Reaction day

₹121.50

prior close

₹120.70

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.5%-0.2% vs market

Cement & Cement Products peers, median of 34sector-0.4%-0.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Smallcap 250 and 0.4 pts less than its Cement & Cement Products 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

+0.3

15m

+0.3

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7-0.5-0.2-0.4-0.4

Next day

-0.7-0.5-0.2-0.6-0.1

-2.3-1.0-1.3-1.5-0.8

-3.7-3.4-0.3-3.1-0.6

-4.0-3.6-0.4-3.7-0.4

-4.2-2.8-1.4-2.5-1.7

-4.5-1.3-3.1-1.3-3.1

15d

-8.6-5.1-3.6-5.8-2.9

-7.1-5.1-2.0-7.1+0.0

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UpDownMarket · Nifty Smallcap 250Sector · Cement & Cement Products peers, median of 34Pending

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

AI summary

India Ratings has affirmed JSW Cement's bank loan facilities rating at IND AA-/Stable with short-term IND A1+ for facilities worth about Rs 3,249 crore. It also assigned IND AA-/Stable to proposed non-convertible debentures of Rs 50 crore, and rated a proposed bank loan of about Rs 1,389 crore. Outlook remains Stable, indicating credit quality is unchanged.

Likely market impact

AA-/Stable affirmation signals unchanged credit quality and continued borrowing access. Neutral to mildly positive for shareholder confidence.