JSW Cement long-term rating upgraded to AA- by Ind-Ra

Rating UpgradedCredit & Debt View source PDF

JSWCEMENT · price

Loading chart…

▲ 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

+0.7%1-day move

₹137.99

prior close

₹136.43

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.4+0.3+0.1+0.7+2.9+1.2+1.9+2.3-2.9————

Up moveDown movePending

AI summary

India Ratings and Research upgraded JSW Cement long-term bank facilities from IND A+ to IND AA- for an amount of Rs 3,249 crore. Short-term bank facilities were affirmed at IND A1+. The upgrade signals stronger credit profile and improved financial strength of the company.

Likely market impact

Positive for shareholders: upgrade lowers borrowing costs, boosts creditworthiness, and supports investor confidence in the stock.