CARE reaffirms Pennar ratings; long-term facility raised to Rs 1,068 cr

New Credit FacilityCredit & Debt View source PDF Explain this filing

PENIND · price

Loading chart…

▲ 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

-0.2%Reaction day

₹172.01

prior close

₹172.29

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.5% vs market

Industrial Products peers, median of 136sector+0.2%-0.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.4 pts less than its Industrial Products 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

-0.5

15m

+0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+0.3-0.5+0.2-0.4

Next day

+0.3+1.1-0.8+0.6-0.2

-0.0+1.3-1.3+0.9-0.9

+1.4+2.0-0.6+1.5-0.0

-0.5+0.3-0.9+0.0-0.5

-0.0+1.1-1.1-0.0+0.0

-5.5-3.2-2.3-3.7-1.9

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 136Pending

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

AI summary

CARE Ratings reaffirmed Pennar Industries credit ratings. Long-term bank facilities rated CARE A with Stable outlook, amount enhanced to Rs 1,067.52 cr from Rs 754.46 cr. Short-term facilities rated CARE A1, reduced to Rs 957.50 cr from Rs 1,012.50 cr. Total rated facilities stand at Rs 2,025.02 cr across 11+ lenders.

Likely market impact

Stable investment-grade rating retained with higher long-term borrowing limit, reflecting bank confidence and supporting growth funding.