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Jaypee Group shares weak after debt rating downgrade
Posted on 28th September 2015 .jpg) Mumbai: Shares of Jaypee Group companies were trading weak on Monday after Care Ratings downgraded the debt ratings of a group company to default category.
Care on Friday downgraded Jaypee Infratech Ltd’s Rs.6,550 crore in long-term bank facilities and Rs.1,300 crore in non-convertible debentures to D rating. | ||||||||||
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