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An announcement from Jindal Steel & Power Ltd. ( (IN:JINDALSTEL) ) is now available.
Jindal Steel Limited announced that the credit ratings for its unlisted subsidiary, Jindal Steel Odisha Limited, have been upgraded by CARE Ratings Limited and ICRA Limited. The upgrades reflect improved financial stability and operational performance, which could enhance the company’s market positioning and stakeholder confidence.
More about Jindal Steel & Power Ltd.
Jindal Steel Limited, formerly known as Jindal Steel & Power Limited, operates in the steel industry, focusing on the production and supply of steel products. The company is involved in various segments including long-term and short-term bank facilities, and it has a significant market presence in India.
Average Trading Volume: 42,078
Technical Sentiment Signal: Buy
Current Market Cap: 1040.1B INR
Learn more about JINDALSTEL stock on TipRanks’ Stock Analysis page.