Credit rating upgraded from BBB- to BBB by Infomerics

Rating UpgradedCredit & Debt View source PDF Explain this filing

RUDRA · 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

+6.4%Reaction day

₹17.64

prior close

₹18.74

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+5.1% vs market

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250, 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

+0.3

15m

-0.4

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+6.4+1.3+5.1

Next day

+8.1+0.3+7.8

+6.9-0.5+7.4

+9.4+2.1+7.3

+9.1+3.1+6.0

+8.4+2.6+5.8

+4.9+0.6+4.4

15d

+0.9-1.4+2.3

-0.8-6.9+6.1

-2.0-7.7+5.6

+16.2+7.0+9.3

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Rudra Global Infra Products informed exchanges that Infomerics Ratings has upgraded the credit rating on its long-term bank facilities from IVR BBB-/Stable to IVR BBB/Stable, with the outlook unchanged at Stable. The upgrade reflects an improvement in the company's credit profile. The company is listed on BSE (539226) and NSE (RUDRA).

Likely market impact

Positive — upgrade signals stronger creditworthiness, may lower future borrowing costs for the company.