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Moody's puts JSW Steel’s ratings under review for downgrade

15 Apr 2020 Evaluate

Moody's Investors Service has placed JSW Steel's Ba2 corporate family rating (CFR) and the Ba2 senior unsecured rating under review for downgrade. The ratings outlook has been revised to under review from stable.

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 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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