The stock of Jamna Auto Industries may attract traders’ attention at the bourses thanks to an ICRA upgrade. Rating agency ICRA upgraded the company’s line of credit on long term scale from [ICRA] A to [ICRA] A+ and said the outlook on the long-term rating is stable. Similarly, it also upgraded ratings for the line of credit on short-term scale from [ICRA] A1 to [ICRA] A1+. This credit rating assigned by ICRA reflects Jamna Auto’s strong credit quality.
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