Crisil raises short-term borrowings rating of India’s Jindal Stainless

Monday, 11 October 2021 10:52:32 (GMT+3)   |   Kolkata

Indian rating agency Crisil Ratings Limited has upgraded the short-term borrowings rating of Indian steelmaker Jindal Stainless Limited to ‘Crisil A+’ from ‘Crisil A’, a company statement said on Monday, October 11.

The rating agency has also reaffirmed the company’s long-term borrowings rating as “Crisil A+/Stable’, the statement said.

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