India Ratings & Research has upgraded Jindal Stainless Limited’s long-term borrowing rating outlook from ‘IND AA, Stable’ to ‘IND AA, Positive’. The rating for short-term borrowings has been affirmed as ‘IND A1+’. This upgrade reflects a positive shift in the company’s financial standing and future prospects as assessed by the credit rating agency. The updated rating is effective as of January 7, 2026.
Positive Rating Revision
Jindal Stainless Limited has received an updated credit rating from India Ratings & Research, indicating improved financial health and stability. The long-term borrowing rating has been revised from ‘IND AA, Stable’ to ‘IND AA, Positive’. This decision was communicated to stock exchanges on January 7, 2026.
Short-Term Borrowings Affirmed
Alongside the upgrade for long-term borrowings, the credit rating agency has affirmed the rating for Jindal Stainless Limited’s short-term borrowings as ‘IND A1+’. This simultaneous action underscores consistent performance and reliability in both short and long-term financial obligations. The company views this updated rating as a reflection of its prudent financial management and sustainable growth strategy.
Source: BSE
