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JSW Energy Limited ( (IN:JSWENERGY) ) has issued an update.
India Ratings and Research has assigned credit ratings of ‘IND A/Stable/IND A1’ to the long-term bank facilities of JSW Renew Energy Seventeen Limited, a step-down subsidiary of JSW Energy Limited. The rating assignment underscores the subsidiary’s creditworthiness and may support its access to bank funding for renewable power projects, reinforcing JSW Energy’s strategic push into the renewables segment and potentially strengthening its financial flexibility and standing in the Indian energy market.
More about JSW Energy Limited
JSW Energy Limited, part of the O.P. Jindal Group, operates in the power and energy sector, with a growing focus on renewable energy through its subsidiaries such as JSW Renew Energy Seventeen Limited. The company is listed on both the BSE and NSE and manages diversified energy assets as it expands its presence in India’s evolving energy market.
Average Trading Volume: 450,469
Technical Sentiment Signal: Hold
Current Market Cap: 823.5B INR
For a thorough assessment of JSWENERGY stock, go to TipRanks’ Stock Analysis page.