TV Today Network Limited has informed the Exchange about Credit Rating

Rating DowngradedRating Watch NegativeCredit & Debt View source PDF Explain this filing

TVTODAY · 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

+0.5%Reaction day

₹110.49

prior close

₹108.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+0.5% vs market

TV Broadcasting & Software Production peers, median of 16sector-2.2%+2.7% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 2.7 pts more than its TV Broadcasting & Software Production 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

-0.8

10m

-0.7

15m

-0.9

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-0.0+0.5-2.2+2.7

Next day

+2.8+2.5+0.3-0.2+3.0

+3.9+3.7+0.2-0.7+4.6

+4.8+4.9-0.1+0.1+4.7

+5.8+4.3+1.5-0.2+6.0

+5.0+5.5-0.5+1.1+3.9

+3.3+6.6-3.3-0.3+3.5

15d

+6.8+10.3-3.5-2.5+9.3

+1.9+7.7-5.7-4.9+6.8

-3.9+13.7-17.5-2.9-1.0

+9.2+19.1-9.8-11.1+20.3

UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

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

AI summary

CRISIL has downgraded the long-term credit rating of T.V. Today Network Limited from CRISIL AA/Negative to CRISIL AA-/Negative. The short-term rating of CRISIL A1+ has been reaffirmed. The outlook remains Negative. According to the company, the revision in rating is attributed to its operational performance. The downgrade indicates a weakening in the company's creditworthiness, though it still retains an investment-grade rating.

Likely market impact

The downgrade to AA- with a Negative outlook signals increased credit risk to lenders and investors. This could lead to higher borrowing costs and may create a cautious sentiment among stakeholders, though the stock remains investment-grade rated.