Jindal Stainless gets first major credit re-rating uplift :

Jindal Stainless gets first major credit re-rating uplift


Jindal Stainless gets first major credit re-rating uplift
​ By
IANS
|
​ 1 Views
JSW Steel plant in Ballari, Karnataka. . Image Source: IANS News
New Delhi, May 13 : In the first-ever such development, Crisil Ratings has assigned 'CRISIL A+/Stable' rating to the long-term credit facilities of Jindal Stainless Ltd (JSL).
Short-term credit facilities of JSL have been rated 'CRISIL A1'.
In January this year, JSL was accorded ratings of 'IND BBB+' and 'CARE BBB+' by India Ratings and Research and CARE Ratings, respectively, for long-term debt facilities.
The present rating is three notches higher than the earlier ratings.
Among the major determinants acknowledged by CRISIL for the ratings is the superior market position with a sizeable quantum of exports and significant improvements in overall operating efficiency, ensuring stable profitability.

Related Keywords

India , New Delhi , Delhi , Abhyuday Jindal , Atmanirbhar Bharat , Jindal Stainless Ltd , Jindal Stainless Hisar Ltd , Crisil Ratings , India Ratings , Director Abhyuday Jindal , Jindal Stainless , இந்தியா , புதியது டெல்ஹி , டெல்ஹி , அபியுடைய ஜிண்டால் , ஜிண்டால் எஃகு லிமிடெட் , ஜிண்டால் எஃகு ஹிசார் லிமிடெட் , மிருதுவான ரேடிஂக்ஸ் , இந்தியா ரேடிஂக்ஸ் , இயக்குனர் அபியுடைய ஜிண்டால் , ஜிண்டால் எஃகு ,

© 2025 Vimarsana