CRISIL reaffirms A-/Stable rating on Ludlow Jute's Rs 175 cr bank facilities

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-3.1%Reaction day

₹320.00

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.0% vs market

Paper, Forest & Jute Products peers, median of 21sector · industry level-0.0%-3.1% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.1 pts less than its Paper, Forest & Jute Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Paper, Forest & Jute Products peers, median of 21Pending

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

AI summary

CRISIL has reaffirmed Ludlow Jute's credit ratings on bank facilities totaling Rs 174.96 crore. Long-term rating stays CRISIL A-/Stable and short-term stays CRISIL A2+. Facilities include cash credit (Rs 79 cr), term loans (Rs 36.96 cr), working capital demand loan (Rs 31 cr), letter of credit (Rs 22 cr), and bank guarantee (Rs 6 cr) from Canara Bank and YES Bank. No change from previous rating.

Likely market impact

Rating reaffirmed with stable outlook, signalling continued financial health. No material change in borrowing costs or shareholder value expected.