CRISIL upgrades rating of Jindal Stainless Ltd

The credit rating agency CRISIL Ratings Limited has upgraded the rating of Short Term borrowings of Jindal Stainless Limited ("the Company") to "CRISIL A1+" (Upgraded from 'CRISIL A1'), while it has re-affirmed the rating of Company's Long-Term borrowings as "CRISIL A+/ Stable".

Shares of Jindal Stainless Limited was last trading in BSE at Rs. 167.60 as compared to the previous close of Rs. 170.45. The total number of shares traded during the day was 259235 in over 4265 trades.

The stock hit an intraday high of Rs. 174.75 and intraday low of 164.00. The net turnover during the day was Rs. 43608385.00.

Source : Equity Bulls

Keywords

JindalStainless INE220G01021 JSL IronandSteel RatingUpgrade