Announced Fri, 26 Jun · 13:22 IST
CARE reaffirms AA rating on Jindal Saw debt and bank facilities
Credit & Debt View source PDF
JINDALSAW · price
▲ 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
+0.6%1-day move
₹260.00
prior close
₹262.00
base price
After-mkt
timing
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AI summary
CARE Ratings reaffirmed Jindal Saw ratings across all instruments. Long term bank facilities of Rs 2,123.79 crore (enhanced from Rs 1,980.83 crore) retained CARE AA with Stable outlook. Short term bank facilities of Rs 9,000 crore kept CARE A1+. Non-convertible debentures of Rs 500 crore and issuer rating also retained at CARE AA Stable. Commercial paper of Rs 400 crore reaffirmed at CARE A1+.
Likely market impact
Neutral for shareholders. Reaffirmed ratings signal steady credit profile and stable repayment capacity for the company.