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CARE revises ratings assigned to bank facilities of Jaiprakash Associates

24 Jul 2015 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has revised the ratings of Jaiprakash Associates’ bank loan facilities and NCDs. The company has however made suitable representation to the Rating Agency for a review of the same.

Jaiprakash Associates (JAL) is an India-based diversified infrastructure conglomerate. JAL's business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.


Peers
Company Name CMP
Larsen & Toubro 3645.00
Kalpataru Projects 1279.95
NCC 116.30
Rail Vikas Nigam 180.10
KEC International 327.55
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