CRISIL assigns AA-/Stable rating to Rane Holdings debt facilities

New Credit FacilityCredit & Debt View source PDF Explain this filing

RANEHOLDIN · 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

+1.2%Reaction day

₹1535.00

prior close

₹1520.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+0.5% vs market

Holding Company peers, median of 15sector+0.5%+0.8% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.8 pts more than its Holding Company 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

+0.6

10m

+1.6

15m

+1.6

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.7+0.5+0.5+0.8

Next day

-3.0-1.0-2.1-0.5-2.5

-3.6-3.6-0.0-3.6-0.0

-6.9-4.5-2.4-2.7-4.2

-7.3-6.8-0.6-5.0-2.3

-6.2-6.4+0.2-4.9-1.3

-5.2pendingpending-4.9-0.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Holding Company peers, median of 15Pending

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

AI summary

CRISIL has assigned AA-/Stable rating to Rane Holdings' long-term bank facilities worth Rs 105 crore and A1+ rating to short-term facilities of Rs 5 crore. Total Rs 110 crore in facilities from Bajaj Finance and HDFC Bank are rated. This is the first-time assignment, indicating strong creditworthiness.

Likely market impact

First-time high investment grade rating signals strong credit profile and easier access to debt funding at competitive rates.