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Jamna Auto Industries gets ratings upgrade for line of credit

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Capital Market

From ICRA

Jamna Auto Industries announced that on 21 April 2015 ICRA has further upgraded ratings of the Company for line of credit on long term scale [ICRA]A-(pronounced ICRA A minus) to [ICRA] A (pronounced ICRA A). Outlook on the long-term rating is stable. The Committee has also upgraded ratings of the Company for line of credit on short term scale by one notch from [ICRA] A2+ (pronounced ICRA A two plus) to [ICRA] A1 (pronounced ICRA A one).

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First Published: Apr 21 2015 | 7:30 PM IST

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