Credit rating restored after appeal, outlook turned negative

Rating UpgradedRating Watch NegativeDebt PrepaidCredit & Debt View source PDF Explain this filing

SWSOLAR · 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

-3.1%Reaction day

₹210.44

prior close

₹205.50

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.9%-2.2% vs market

Civil Construction peers, median of 98sector-1.2%-1.9% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.9 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

-0.1

10m

+0.1

15m

-0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.9-2.2-1.2-1.9

Next day

+0.3-1.2+1.5-1.8+2.1

+1.4+0.0+1.4-0.7+2.1

+3.5+1.4+2.1+0.5+3.1

+4.1+1.5+2.6+0.8+3.3

+3.9+0.9+3.0+0.3+3.5

+1.2-0.4+1.6-0.9+2.1

15d

-3.1-0.3-2.8-3.3+0.2

-5.0-4.2-0.7-6.3+1.3

+2.9-1.7+4.6-8.8+11.8

-19.7-11.4-8.3-17.6-2.1

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

After SWSOLAR appealed, Infomerics revised its Dec 8 ratings. Long-term bank facilities of Rs 5,675.99 cr upgraded from IVR BBB/Stable to IVR BBB+/Negative with negative outlook. Short-term Rs 175 cr facility upgraded from IVR A3+ to IVR A2. Rs 22.75 cr IDFC facility fully repaid and rating withdrawn. Rs 53 cr long/short facility reaffirmed at IVR BBB+/Negative/IVR A2.

Likely market impact

Letter grades restored after appeal, but negative outlook signals near-term caution. One Rs 22.75 cr IDFC loan repaid; rating withdrawn.