Jindal Steel receives credit rating upgrade to AA+
pre-market1 source ↓written by the desknot a recommendation
Jindal Steel Limited has received a credit rating upgrade from ICRA, moving from ICRA AA (Stable) to ICRA AA+ (Stable) for its long-term bank facilities and non-convertible debentures. This upgrade reflects improved financial stability and repayment capacity, enhancing the company's ability to secure debt funding. The short-term bank facilities retain an A1+ rating.
Not investment advice. For informational purposes only.