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Tata Steel informs about revision in ratings

14 Jan 2016 Evaluate

Tata Steel has informed that the sharp fall in international steel prices due to excessive exports from China and other has triggered a review of Tata Steel’s credit rating by Standard and Poor (‘S&P’). The corporate credit rating has been downgraded by 1 notch.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 167.70
Steel Authority 159.70
Jindal Stainless 674.25
APL Apollo Tubes 2161.00
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