CARE upgrades long term, short term bank facilities rating of JSPL

The credit rating agency, Care Ratings Limited, has upgraded its Rating from CARE A(-) with "Stable" outlook to CARE A(+) with "Stable" outlook on the Long Term Bank Facilities and from "CARE A2+" to "CARE A1+" for Short Term Bank Facilities of Jindal Steel and Power Limited (JSPL).

The ratings are upgraded to CARE A(+) with Stable outlook for Long Term Bank Facilities and CARE A1+ for Short Term Bank Facilities.

Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.390.05 as compared to the previous close of Rs. 394.2. The total number of shares traded during the day was 435891 in over 6256 trades.

The stock hit an intraday high of Rs. 397.6 and intraday low of 387.45. The net turnover during the day was Rs. 171611101.

Source : Equity Bulls

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