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ICRA reaffirms JSW Steel’s long term, short term rating

10 Mar 2021 Evaluate

Credit rating agency -- ICRA has reaffirmed JSW Steel’s long term bank facilities and Non - Convertible Debenture at ‘AA-’. The outlook revised to positive from stable and the rating agency also reaffirmed short term bank facilities and commercial paper at ‘A1+’.

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 1232.35
Tata Steel 178.00
Steel Authority 175.80
Jindal Stainless 742.00
APL Apollo Tubes 2096.95
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