▼ NegativeCredit Ratings
JSW Infra Shares Slide Over 3% After Rating Downgrade From HSBC To 'Reduce'
NSE moved lower in a credit ratings development.
7 Oct 2026 · NDTV Profit
The slid to a low of Rs 351, but later pared most of their losses to trade little changed at Rs 362.95 apiece on the NSE.
The analysis
NSE reported Rs 351, and Rs 362.95, with movement of 3% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- A rating move re-prices a company's cost of borrowing, which feeds directly into margins and, for lenders, into the whole model.
Market context
- The immediate tone of coverage reads negative.