CARE reaffirms top ratings; Rs 1,900.35 crore instruments redeemed

Debt PrepaidCredit & Debt View source PDF Explain this filing

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

-2.0%Reaction day

₹4074.00

prior close

₹4079.00

announcement price

After-mkt

timing

Nifty 100market-0.6%-1.4% vs market

2/3 Wheelers peers, median of 8sector-2.3%+0.3% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty 100 and 0.3 pts more than its 2/3 Wheelers 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

-0.4

10m

-0.3

15m

-0.2

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.6-1.4-2.3+0.3

Next day

-2.5-1.1-1.4-3.0+0.5

-2.3-1.8-0.5-4.6+2.3

-1.9-1.1-0.8-3.4+1.5

+0.3pendingpending-0.2+0.5

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15d

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UpDownMarket · Nifty 100Sector · 2/3 Wheelers peers, median of 8Pending

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

AI summary

CARE Ratings reaffirmed AAA, Stable on Rs 3,241.65 crore of long-term bank facilities, increased from Rs 2,100 crore, and on Rs 1,000 crore of debentures. Combined bank facilities of Rs 1,008.35 crore retained AAA, Stable and A1+, while Rs 608 crore of short-term facilities and Rs 500 crore of commercial paper retained A1+. The rating on Rs 1,900.35 crore of short-term instruments was withdrawn after full redemption.

Likely market impact

Top-tier ratings support confidence in repayment and funding access. Full redemption removes these instruments; no rating upgrade was announced.