PNGJLBSEP N GADGIL JEWELLERS LTDMediumNeutral
Announced Thu, 16 Jul · 17:49 IST

Credit Rating Affirmed and New Bank Facility Rated A+/Stable

New Credit FacilityCredit & Debt View source PDF

PNGJL · price

Loading chart…

▲ 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
-0.6%1-day move
₹596.00
prior close
₹594.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-1.0-0.9-0.8-0.6+1.2+7.0+9.2+8.7+13.9
Up moveDown movePending
AI summary

India Ratings affirmed P N Gadgil Jewellers' IND A+/Stable/IND A1 rating on existing bank loan facilities of INR 5,000 million and assigned the same rating to a new bank loan facility of INR 5,000 million. IND A+ with Stable outlook indicates strong capacity to meet financial commitments, while IND A1 reflects solid short-term capability. Total rated bank loan facilities now stand at INR 10,000 million.

Likely market impact

A+ rating with Stable outlook affirmed along with new INR 5,000 million facility rated shows strong credit profile and continued lender confidence in the company.