MoneyWorks4Me

JSW Steel informs about credit rating

20 May 2021 Evaluate

With reference to Regulation 30(6) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations 2015’) JSW Steel has informed that the Fitch Ratings through their release dated May 19, 2021 has reaffirmed the Company’s rating at BB- with Outlook revised to Positive. The details tabulated are enclosed. A copy of the report covering the rationale for the rating is available on their website at the given below link https://www.fitchratings.com/research/corporate-finance/fitch-revises-outlook-on-jsw-steel-topositive-from-negative-affirms-at-bb-19-05-2021.

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

Peers
Company Name CMP
JSW Steel 1246.45
Tata Steel 183.70
Steel Authority 175.60
Jindal Stainless 736.50
APL Apollo Tubes 2143.30
View more..