Infomerics upgrades Steel Exchange India's credit rating

Infomerics upgrades Steel Exchange India's credit rating — Infomerics has upgraded the long-term credit rating of Steel Exchange India to IVR BBB+ with a stable outlook, a two-notch jump. The short-term rating was raised to IVR A2, reflecting improved financial health and creditworthiness. This could lower borrowing costs and boost investor confidence.

📊 STOCKS: $STEELXINDIA | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #CreditRating