Ind-Ra affirms rating on fund-based limits at 'AA/Stable/IND A1+' of Jubilant Ingrevia

17 Feb 2022 , 03:20 PM

India Ratings and Research Private Limited (Ind-Ra) has affirmed the credit ratings for various facilities of the Jubilant Ingrevia Limited. The rating on fund-based limits Rs4,400 million (reduced from Rs4,750 million) has been affirmed at IND AA/Stable/IND A1+.

For non-fund-based limits, Rs8,075 million (increased from Rs7,725 million) IND A1+ rating has been affirmed. 

Towards close of trade on Thursday Jubilant Ingrevia Limited was trading at Rs538.80 per piece up Rs9.65 or 1.82% on the BSE.