JSW Renewable Energy Vijayanagar rating upgraded to AA minus

Rating UpgradedCredit & Debt View source PDF

JSWENERGY · 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

-1.8%1-day move

₹565.65

prior close

₹569.00

base price

After-mkt

timing

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AI summary

India Ratings and Research has upgraded the rating of JSW Renewable Energy (Vijayanagar) Limited, a step-down subsidiary of JSW Energy, from IND A+/Stable to IND AA-/Stable for its bank loan facilities. The subsidiary is part of JSW Energy's renewable energy operations. The upgrade reflects a stronger credit profile.

Likely market impact

Positive for the group. AA- rating signals lower borrowing costs for the subsidiary and stronger financial standing of JSW Energy's renewable arm.