Announced Thu, 6 Aug · 20:05 IST
Prism Johnson credit rating upgraded to IND AA- with Positive outlook
PRSMJOHNSN · 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
-0.6%1-day move
₹112.25
prior close
₹113.18
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5+0.0+0.2+0.7-0.6-3.1-5.5-6.4-5.9-7.1————
Up moveDown movePending
AI summary
India Ratings upgraded Prism Johnson's long-term rating on NCDs and bank loan facilities from IND A+/Positive to IND AA-/Positive. Short-term commercial paper rating affirmed at IND A1+. Fixed deposit rating withdrawn as no outstanding term deposits remain. Total bank loan facilities rated at around Rs 22,583 million.
Likely market impact
Positive for shareholders. Upgrade signals improved creditworthiness, lower borrowing costs, and stronger financial profile.