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JSW Steel Limited ( (IN:JSWSTEEL) ) has shared an update.
JSW Steel Limited has received a positive revision in its credit rating outlook from Moody’s, reflecting its significant expansion in production capacity and strong market positioning as India’s largest steel producer. The company’s increased production capacity, strategic growth plans, and improved financial discipline are expected to drive higher earnings and support sustained improvement in its credit metrics, amidst a favorable market environment with reduced import competition and government protective measures.
More about JSW Steel Limited
JSW Steel Limited is a leading player in the steel industry, primarily engaged in the production of steel and related products. It is recognized as India’s largest steel producer, focusing on expanding its operational scale to meet the growing steel demand in India, which is the world’s second-largest steel market.
Average Trading Volume: 64,419
Technical Sentiment Signal: Buy
Current Market Cap: 2802.4B INR
See more data about JSWSTEEL stock on TipRanks’ Stock Analysis page.