Crisil reaffirms Krishana Phoschem ratings, removes from watch

Credit & Debt View source PDF Explain this filing

KRISHANA · 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

+4.6%Reaction day

₹189.30

prior close

₹189.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+4.3% vs market

Fertilizers peers, median of 20sector+0.3%+4.2% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.2 pts more than its Fertilizers 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

-1.3

10m

-2.2

15m

-2.0

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6+0.3+4.3+0.3+4.2

Next day

+3.0+1.1+1.9+0.1+2.9

+5.1+1.3+3.8-0.1+5.2

+9.7+2.0+7.6+1.7+8.0

+12.0+0.3+11.6+1.1+10.9

+10.1+1.1+9.0+1.3+8.8

+10.9-3.2+14.2-2.5+13.4

15d

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UpDownMarket · Nifty Microcap 250Sector · Fertilizers peers, median of 20Pending

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

AI summary

Crisil Ratings reaffirmed ratings on Krishana Phoschem's bank facilities of Rs 1,125 crore. Long-term rating kept at Crisil A+/Stable and short-term at Crisil A1. Both removed from 'Rating Watch with Developing Implications'. Facilities include cash credit, letters of credit, term loans and proposed limits across ICICI, SBI, YES, Axis, RBL, Federal Bank and Shinhan Bank.

Likely market impact

Positive: rating reaffirmed and removed from earlier watch signals stable credit profile and strong repayment capacity.