Defaults on loan repayments totalling 61.74 crore to multiple lenders

Loan NpaCredit & Debt View source PDF Explain this filing

RKEC · 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

-8.7%Reaction day

₹30.00

prior close

₹30.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-7.6% vs market

Civil Construction peers, median of 98sector-1.5%-7.2% vs sector

On the reaction day the stock moved 7.6 pts less than Nifty Microcap 250 and 7.2 pts less than its Civil Construction 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

-8.6

10m

-8.1

15m

-9.3

30m

-10.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-8.7-1.1-7.6-1.5-7.2

Next day

-8.5+1.9-10.4+1.6-10.1

-10.7+3.7-14.4+2.6-13.3

-15.7+4.2-19.9+3.2-18.8

-19.2+5.4-24.6+4.0-23.2

-11.0+5.9-16.9+4.6-15.6

-7.7+7.6-15.3+4.9-12.6

15d

-3.3+7.7-11.0+4.0-7.3

-5.8+8.6-14.4+1.9-7.7

-13.8+10.5-24.4-0.6-13.2

-35.3+13.3-48.6-4.7-30.6

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

RKEC Projects has defaulted on loan repayments to multiple banks and financial institutions including Bank of Baroda, HDFC Bank, ICICI Bank, Kotak Mahindra, Mahindra Finance, HDB Financial, Aditya Birla, and Vivriti Capital. Current default: 60.09 crore principal and 1.65 crore interest. Total outstanding borrowings stand at 224.28 crore. Company says it expects additional fund infusion to clear dues.

Likely market impact

Significant credit event, signals possible NPA status. Lenders may initiate recovery, negative for stock sentiment.