ICRA reaffirms credit ratings of Jamna Auto Industries; Stock ends higher

The long-term rating has been reaffirmed at ICRA AA- and the short-term rating at ICRA A1+. Outlook on the long-term rating has been revised from Negative to Stable.

Apr 27, 2021 04:04 IST India Infoline News Service

ICRA Limited has reviewed the credit rating assigned to Jamna Auto Industries Limited and vide its communication dated April 27, 2021, reaffirmed the long-term rating at ICRA AA- and the short-term rating at ICRA A1+.

The credit rating assigned to a commercial paper is reaffirmed at ICRA A1+. Outlook on the long-term rating has been revised from Negative to Stable.

Jamna Auto Industries Ltd trade on Tuesday ended at Rs67 per piece up by Rs1.1 or 1.67% from its previous closing of Rs65.90 per piece on the BSE.

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