CARE assigns AA Stable rating to JSW Jaigarh Port, facilities enhanced

New Credit FacilityCredit & Debt View source PDF Explain this filing

JSWINFRA · 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

₹308.45

prior close

₹309.10

announcement price

In-mkt

timing

Nifty Midcap 150market+0.3%-0.6% vs market

Port & Port services peers, median of 5sector-0.3%+0.0% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Midcap 150 and in line with its Port & Port services 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

-0.5

15m

-0.6

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.3-0.6-0.3+0.0

Next day

+0.0+0.8-0.8+0.0+0.0

+2.3-0.2+2.5-1.0+3.3

+9.7-0.1+9.8-1.9+11.7

+7.1-0.6+7.8-2.0+9.1

+3.8-0.9+4.7-3.4+7.3

+7.1-0.3+7.5-2.2+9.4

15d

+13.9+1.2+12.7-1.9+15.8

+13.3+0.8+12.5-2.2+15.5

+7.2+1.8+5.4-4.2+11.5

+13.3-0.3+13.7-3.1+16.4

UpDownMarket · Nifty Midcap 150Sector · Port & Port services peers, median of 5Pending

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

AI summary

CARE Ratings assigned JSW Infrastructure's wholly owned subsidiary JSW Jaigarh Port a new CARE AA Stable rating on Rs 600 crore long term bank facilities, enhanced from Rs 105 crore. Existing AA Stable and A1+ ratings on Rs 145 crore of long term and short term facilities were reaffirmed. The large jump in sanctioned limits reflects strong lender confidence in the port business.

Likely market impact

Positive. High investment grade AA rating and almost six fold rise in long term credit limit signal strong bank confidence in the port subsidiary.