ICRA upgrades Patanjali Foods long-term credit rating to AA-

Rating UpgradedCredit & Debt View source PDF Explain this filing

PATANJALI · 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

+0.8%Reaction day

₹409.30

prior close

₹413.45

announcement price

In-mkt

timing

Nifty Midcap 150market+0.2%+0.6% vs market

Edible Oil peers, median of 24sector+0.5%+0.3% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Midcap 150 and 0.3 pts more than its Edible Oil 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

-0.2

10m

-0.1

15m

-0.3

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.2+0.6+0.5+0.3

Next day

+1.0+0.7+0.2+0.0+1.0

+0.7+0.5+0.3+0.1+0.6

+1.3+0.9+0.4+0.2+1.1

+0.9+0.6+0.3+0.4+0.5

-0.3-1.0+0.8-2.2+1.9

+1.0+1.7-0.7-1.4+2.4

15d

-18.0+0.7-18.6-1.6-16.4

-11.1+2.8-13.9-0.3-10.7

-16.0+2.1-18.1+0.0-16.1

-13.2-5.0-8.3-5.7-7.6

UpDownMarket · Nifty Midcap 150Sector · Edible Oil peers, median of 24Pending

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

AI summary

ICRA upgraded Patanjali Foods long-term credit rating from A+ (Stable) to AA- (Stable) for fund-based limits of Rs 1,575 crore. Short-term rating A1+ was reaffirmed for non-fund based limits of Rs 2,700 crore. Total rated limits rose from Rs 3,625 crore to Rs 4,425 crore, reflecting an improved credit profile and enhanced banking lines.

Likely market impact

Rating upgrade signals stronger creditworthiness, likely lower borrowing costs and positive sentiment for shareholders. Enhanced bank limits support growth.