Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
03 December, 2021 06:14 IST
CRISIL upgrades credit rating on bank facilities of Jindal Steel & Power
Source: IRIS | 16 Sep, 2021, 12.36PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Jindal Steel & Power, an Indian steel and energy company announced that CRISIL Ratings has upgraded its rating from CRISIL A- with a 'stable' outlook to CRISIL A+ with a 'Positive' outlook on the Long-Term Bank Facilities of the company.

The credit rating agency has also upgraded ratings on short-term bank facilities of the company from 'CRISIL A2+' to 'CRISIL Al+'.

"The ratings are upgraded to CRISIL A+ with Positive outlook for Long Term Bank Facilities and CRISIL Al+ for Short Term Bank Facilities," the company said.

Shares of the company gained Rs 1.05, or 0.26%, to trade at  Rs 402.85.  The total volume of shares traded  was 144,560 at the BSE (11.07 a.m.,Thursday).

 Post Comment
Name Email
Security Code type    into this box
Related Articles
Motilal Oswal recommends Buy on TCI; target price of Rs 790 - 02-Dec-2021 13:08
Max Financial Services: Growth to pick up over FY21-26; margin trajectory stable - 02-Dec-2021 12:04
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer