ICRA reaffirms ratings on Transpek bank facilities and fixed deposits
TRANSPEK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 4.3 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ICRA has reaffirmed its credit ratings on Transpek Industries. Bank facilities totaling Rs. 140.31 crore (Axis, ICICI, Kotak Mahindra) rated [ICRA]A+ (Stable) for long-term and [ICRA]A1 for short-term. Fixed deposit programme of Rs. 30 crore also reaffirmed at [ICRA]A+ (Stable). No change in ratings from prior assessment.
Reaffirmation signals steady credit profile; no upgrade or downgrade, so neutral for shareholders and stock price.