Announced Wed, 15 Jul · 16:06 IST
CRISIL assigns AA/Stable to new Rs 500 cr NCDs; reaffirms existing ratings
NUVOCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.2%1-day move
₹376.50
prior close
₹377.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.1-1.9-3.6-7.2-8.1-3.7-4.4-3.5-6.4————
Up moveDown movePending
AI summary
Nuvoco Vistas informed exchanges that CRISIL assigned a Crisil AA/Stable rating to new Non-Convertible Debentures worth Rs 500 crores to be issued. CRISIL also reaffirmed its existing ratings of Crisil AA, Crisil AA-/Stable, and Crisil A1+ on the company's bank facilities and debt instruments.
Likely market impact
New NCD issuance gets high investment grade rating; existing ratings reaffirmed, indicating stable credit profile.