Announced Wed, 8 Jul · 14:43 IST
ICRA reaffirms Jtekt India rating at AA with stable outlook
JTEKTINDIA · 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
+0.5%1-day move
₹144.20
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
ICRA reaffirmed Jtekt India's long-term bank facility rating at AA (stable) and short-term at A1+ for total bank limits of about Rs 689.14 crore across SBI, Standard Chartered, MUFG, Sumitomo Mitsui and Mizuho. The term loan limit was enhanced to Rs 509.29 crore. Ratings are due for surveillance within a year.
Likely market impact
Stable reaffirmation signals strong credit quality. Enhanced term loan limit indicates increased borrowing capacity for the company.