India Ratings and Research (Ind-Ra) has affirmed J Kumar Infraprojects Ltd’s (JKIL) Long-Term Issuer Rating at ‘IND A+’. The Outlook is Stable. Short-term ratings has been affirmed at IND A1.
As per regulatory filing, Ind-Ra continues to take a consolidated view of JKIL and its joint ventures (JVs) to arrive at the ratings, because of the strong operational and strategic linkages between them.
At around 1:52 PM, J Kumar Infraprojects was trading at Rs168.80 apiece down by Rs1.2 or 0.71% from its previous closing of Rs170 apiece on the BSE.
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