-7.85 (-0.63%) Credit rating agency, CRISIL Research has assigned a CRISIL IER fundamental grade of 4/5 on JSW Steel. The grade indicates that the company’s fundamentals are ‘superior’ relative to other listed equity securities in India. The rating agency has also assigned valuation grade 5/5 to the company.
JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. 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.