Prism Johnson credit rating upgraded to IND AA- with Positive outlook

Credit rating upgradedCredit & Debt View source PDF Explain this filing

PRSMJOHNSN · 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

-2.9%Reaction day

₹112.25

prior close

₹113.18

announcement price

After-mkt

timing

Nifty Microcap 250market+0.0%-2.9% vs market

Cement & Cement Products peers, median of 36sector-0.3%-2.6% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.6 pts less than its Cement & Cement 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

-0.5

10m

+0.0

15m

+0.2

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9+0.0-2.9-0.3-2.6

Next day

-0.6-0.0-0.6-0.6-0.0

-3.1-0.2-2.9-0.9-2.2

-5.5+0.2-5.6-2.0-3.5

-6.4+0.3-6.7-2.7-3.6

-5.9+0.4-6.3-3.3-2.7

-7.1+0.9-8.0-3.2-3.9

15d

-1.1+1.6-2.6-4.1+3.0

-0.2+2.0-2.2-4.7+4.5

-10.4+0.6-11.0-10.3-0.1

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

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

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 Fixed deposit rating withdrawn as no outstanding term deposits remain.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.