CARE reaffirms A1+ rating for Jindal Saw's commercial paper issue; Stock ends flat

The rating on the company's Rs200cr CP Program was reaffirmed on June 8, 2021.

Jun 09, 2021 03:06 IST India Infoline News Service

Jindal SAW
CARE Ratings Limited has reaffirmed CARE A1+ rating for the proposed issue of Commercial Papers (CP) amounting to Rs200cr by Jindal Saw Limited.

The rating on the company's Rs200cr CP Program was reaffirmed on June 8, 2021.

Jindal Saw Ltd trade on Wednesday ended at Rs113.40 per piece down by Rs0.3 or 0.26% from its previous closing of Rs113.70 per piece on the BSE.
The scrip opened at Rs114.80 and has touched a high and low of Rs117.45 and Rs110.65 respectively during intraday trade on Wednesday.

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