JSW Renewable Energy Vijayanagar rating upgraded to AA minus

Rating UpgradedCredit & Debt View source PDF Explain this filing

JSWENERGY · 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

-0.9%Reaction day

₹565.65

prior close

₹569.00

announcement price

After-mkt

timing

Nifty Midcap 150market-1.1%+0.2% vs market

Power Generation peers, median of 28sector-0.8%-0.1% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 0.1 pts less than its Power Generation 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

-0.8

10m

-0.6

15m

-0.9

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.1+0.2-0.8-0.1

Next day

-1.8-2.0+0.2-2.3+0.6

-2.8-2.1-0.7-1.4-1.4

-2.8-1.0-1.8-0.8-2.1

-3.7-1.0-2.6-2.0-1.7

-3.5-0.2-3.3-1.2-2.3

-2.1-0.1-1.9-1.1-1.0

15d

-1.8+1.5-3.3-2.1+0.3

-3.7+1.1-4.8-4.1+0.4

-8.8-1.7-7.1-6.0-2.8

-18.0-9.2-8.7-16.4-1.6

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

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

AI summary

India Ratings and Research has upgraded the rating of JSW Renewable Energy (Vijayanagar) Limited, a step-down subsidiary of JSW Energy, from IND A+/Stable to IND AA-/Stable for its bank loan facilities. The subsidiary is part of JSW Energy's renewable energy operations. The upgrade reflects a stronger credit profile.

Likely market impact

Positive for the group. AA- rating signals lower borrowing costs for the subsidiary and stronger financial standing of JSW Energy's renewable arm.