CRISIL reaffirms A1+ rating on bank guarantee and Rs 300 cr commercial paper

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹124.51

prior close

₹124.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+3.1% vs market

Stationary peers, median of 7sector-2.6%+3.1% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.1 pts more than its Stationary 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

-0.3

10m

+0.1

15m

+0.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-2.6+3.1-2.6+3.1

Next day

-1.1-3.6+2.5-4.0+2.9

-3.6-5.8+2.2-5.3+1.7

-3.2-5.5+2.2-7.2+3.9

-2.7-3.8+1.1-2.8+0.0

+1.2pendingpending-2.7+3.9

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15d

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UpDownMarket · Nifty Microcap 250Sector · Stationary peers, median of 7Pending

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

AI summary

CRISIL has reaffirmed its CRISIL A1+ rating on Navneet Education's Rs 2 crore bank guarantee facility from ICICI Bank and Rs 300 crore commercial paper programme. A1+ is the highest short-term rating, indicating very strong degree of safety regarding timely payment of financial obligations. This is a continuity action with no change in rating.

Likely market impact

Reaffirmation of the top short-term rating signals strong creditworthiness and continued investor confidence in the company's debt obligations.