CARE revises rating of Jindal Steel and Power Ltd

Care Ratings Limited, has revised its credit rating from CARE AA(-) with Stable outlook to CARE AA(-) with Positive outlook, for the Long Term Bank Facilities of Jindal Steel & Power Limited.

The credit rating for Long Term Bank Facilities is CARE AA(-) with "Positive" outlook and for Short Term Bank Facilities, credit rating is reaffirmed as CARE A1+.

Shares of Jindal Steel & Power Limited was last trading in BSE at Rs. 545.40 as compared to the previous close of Rs. 537.30. The total number of shares traded during the day was 53189 in over 2336 trades.

The stock hit an intraday high of Rs. 548.90 and intraday low of 533.90. The net turnover during the day was Rs. 28776435.00.

Source : Equity Bulls

Keywords

JindalSteelandPower INE749A01030 RatingUpdate