CARE upgrades rating of JSPL

The credit rating agency, Care Ratings Limited, has upgraded its Rating from CARE A(+) with Stable outlook to CARE AA(-) with Stable outlook with respect to the Long Term Bank Facilities of Jindal Steel & Power Limited (JSPL).

The ratings for Long Term Bank Facilities have been upgraded to CARE AA(-) with "Stable" outlook and for Short Term Bank Facilities, the same have been reaffirmed as CARE Al+.

Shares of Jindal Steel & Power Limited was last trading in BSE at Rs. 395.70 as compared to the previous close of Rs. 395.45. The total number of shares traded during the day was 334745 in over 5678 trades.

The stock hit an intraday high of Rs. 408.40 and intraday low of 395.00. The net turnover during the day was Rs. 133694750.00.

Source : Equity Bulls

Keywords

JindalSteelandPower INE749A01030 JSPL RatingUpgrade