Announced Fri, 26 Jun · 19:48 IST
Credit rating assigned to step-down subsidiary JSW Renew Energy Three
JSWENERGY · 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
+1.4%1-day move
₹573.20
prior close
₹573.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.4+0.6+0.6+1.4-0.8-1.3-4.0-4.4-5.9-1.2———
Up moveDown movePending
AI summary
India Ratings has assigned an IND A/Stable rating to the bank loan facilities of JSW Renew Energy Three Limited, a step-down subsidiary of JSW Energy. This is a first-time rating assignment indicating adequate capacity to meet financial commitments with a stable outlook. The subsidiary is part of JSW Energy's renewable energy expansion.
Likely market impact
Positive for group credit profile - investment grade A rating with stable outlook supports subsidiary's funding access.