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Moody’s assigns Ba1 rating to JSW Steel

31 Oct 2014 Evaluate

JSW Steel has been assigned Ba1 rating with stable outlook by Moody’s and BB+ rating with stable outlook by Fitch.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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