Credit rating agency -- CARE has reaffirmed long-term credit facilities of Jindal Stainless (Hisar) at ‘A-' rating with stable outlook. The short term credit facilities of the company have also been reaffirmed at ‘A2+’ rating. The company’s rating was retained in light of the company maintaining an accomplished track record in financial and operational domains. Additionally, The company’s strength to serve diversified end-user industries, with an emphasis on value-added products, has proved to be favourable in the rating analysis of the company.
Jindal Stainless (Hisar) is world's largest producer of Stainless Steel strips for razor blades and India's largest producer of coin blanks, serving the needs of India and International mints.
