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JSW Energy’s Subsidiary Receives Stable Credit Rating

Story Highlights
  • JSW Energy Limited is part of the O.P. Jindal Group, focusing on renewable energy.
  • Care Ratings reaffirmed a ‘CARE AA’ Stable rating for JSW Energy’s solar subsidiary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JSW Energy’s Subsidiary Receives Stable Credit Rating

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JSW Energy Limited ( (IN:JSWENERGY) ) just unveiled an announcement.

JSW Energy Limited announced that Care Ratings Limited has reaffirmed a ‘CARE AA’ Stable rating for the long-term bank facilities of its subsidiary, Clean Solar Power (Bhainsada) Private Limited. This reaffirmation reflects positively on the company’s financial stability and its strategic focus on expanding its renewable energy portfolio, which could enhance its market position and stakeholder confidence.

More about JSW Energy Limited

JSW Energy Limited is a part of the O.P. Jindal Group and operates in the energy sector. The company is involved in the production and distribution of electricity, with a focus on renewable energy sources such as solar power.

Average Trading Volume: 198,359

Technical Sentiment Signal: Sell

Current Market Cap: 806.4B INR

Find detailed analytics on JSWENERGY stock on TipRanks’ Stock Analysis page.

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