Jamna Auto Industries Limited has informed the Exchange about Credit Rating

Rating UpgradedCredit & Debt View source PDF

JAMNAAUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.5%1-day move

₹123.50

prior close

₹125.24

base price

In-mkt

timing

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+0.1+0.0+0.0+0.3+4.5+2.3+1.0+2.4+1.6+0.9+6.1-10.2+4.2+8.9

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AI summary

ICRA has upgraded Jamna Auto Industries' credit ratings. The Long-Term Fund-based Term Loan (Rs. 90 crore) was upgraded from [ICRA]AA- (Positive) to [ICRA]AA (Stable). The working capital facilities (Rs. 460 crore) were also upgraded from [ICRA]AA- (Positive) to [ICRA]AA (Stable) for the long-term component, while the short-term rating was reaffirmed at [ICRA]A1+. Commercial Paper of Rs. 100 crore was also reaffirmed at [ICRA]A1+. The total rated facilities amount to Rs. 550 crore. The outlook was revised to Stable from Positive.

Likely market impact

This upgrade signals improving creditworthiness and financial stability. The company now carries a double-A rating, which could lower borrowing costs and boost investor confidence.