CARE assigns credit ratings on bank facilities of Jindal Stainless

28 Mar 2022 , 10:17 AM

CARE Ratings Limited has assigned the rating of Long-term Banking facilities and Short-term banking facilitate of Jindal Stainless Limited as ‘CARE AA-; Stable’ and ‘CARE A1+’, respectively.

The credit rating agency has also assigned the rating of commercial paper of Jindal Stainless (Hisar) Limited at CARE A1+.

At around 10.20 am, Jindal Stainless Ltd was trading at Rs188.55 apiece down by Rs0.45 or 0.24% from its previous closing of Rs189 apiece on the BSE.

Jindal Stainless (Hisar) Ltd was trading at Rs359.45 apiece down by Rs6.4 or 1.75% from its previous closing of Rs365.85 apiece on the BSE.