CRISIL downgrades Sintercom India bank facility rating to BB-

Rating DowngradedCredit & Debt View source PDF Explain this filing

SINTERCOM · price

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Price reactionminutes from the announcement price · days from the prior close

+4.6%Reaction day

₹74.60

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.2% vs market

Auto Components & Equipments peers, median of 124sector+1.2%+3.4% vs sector

On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 3.4 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+4.6+0.4+4.2+1.2+3.4

Next day

-0.1+2.1-2.3+2.7-2.8

+4.4pendingpending+3.1+1.3

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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 124Pending

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

AI summary

CRISIL Ratings revised Sintercom India's long-term bank facility rating to CRISIL BB-/Stable from CRISIL BB+/Stable. The downgrade reflects a longer working capital cycle and high use of bank limits. The rated facilities total 26 crore, comprising 19 crore of cash credit and 7 crore of term loan.

Likely market impact

The downgrade signals greater credit risk and may lead to stricter lending terms or higher borrowing costs, putting pressure on the stock.