January 27, 2022 20:28 (IST)
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CRISIL Ratings upgrades JSL’s rating to ‘CRISIL AA-/Stable’

New Delhi/IBNS: Jindal Stainless Limited (JSL) earned a major rating upgrade from CRISIL Ratings, with the agency assigning ‘CRISIL AA-/Stable’ rating to the long-term bank facilities of the company. 

Investec rates JSL as Buy @ Target Price of 314

Jindal Stainless Steel (JSL), post-merger, would rank amongst the top 10 global stainless steel mills, offering a simplified structure and high liquidity, according to the Initial Coverage Report by Investec.

Jindal Stainless Ltd Q2FY22 result: Net profit soars 5 times to Rs 412 cr

Mumbai/IBNS: Jindal Stainless Limited's (JSL) profit after tax (PAT) or net profit for the quarter ended September 2021 stood at Rs 412 crore compared to Rs 81 crore of the same quarter last year, an increase of more than 5 times riding on strong sales and improved volume mix.