CRISIL places Kothari Sugars bank facilities on Watch with Developing Implications

Credit & Debt View source PDF Explain this filing

KOTARISUG · price

Loading chart…

▲ 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

+0.1%Reaction day

₹25.12

prior close

₹24.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+1.2% vs market

Sugar peers, median of 27sector+0.0%+0.1% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 0.1 pts more than its Sugar 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

+1.9

10m

+0.0

15m

+1.0

30m

+2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1-1.1+1.2+0.0+0.1

Next day

+0.7+1.9-1.2+0.6+0.1

+1.9+3.7-1.7+3.0-1.1

+6.4+4.2+2.2+3.5+3.0

+5.4+5.4+0.0+2.5+2.9

+4.3+5.9-1.6+3.1+1.2

+1.8+7.6-5.8+1.8+0.0

15d

+2.9+7.7-4.7+1.3+1.6

+2.5+8.6-6.1+3.2-0.7

+4.4+10.5-6.2+1.7+2.7

+14.3+13.3+0.9+11.6+2.6

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

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

AI summary

CRISIL placed Kothari Sugars Rs 103 crore bank facilities, comprising Rs 100 crore long-term cash credit and Rs 3 crore short-term bank guarantee, on Rating Watch with Developing Implications. The actual ratings remain unchanged at BBB+ for long-term and A2 for short-term. The earlier Negative outlook has been replaced with Watch Developing status.

Likely market impact

Rating unchanged but outlook shifted from Negative to Watch Developing, easing immediate downgrade pressure while introducing some uncertainty.