Jay Ushin Ltd shares fall 2.2% as credit rating withdrawn from Brickwork Ratings India
Why did Jay Ushin Ltd shares fall today?
Jay Ushin Ltd shares saw a decline of 2.2% on Wednesday morning, with the price falling to ₹870.2 by 11:13 AM. This movement in the stock is directly linked to a recent disclosure made by the company regarding its credit rating.
In a formal letter dated August 12, 2026, to the stock exchange, Jay Ushin Ltd informed that Brickwork Ratings India Private Limited had officially withdrawn the credit rating assigned to the company's total bank loan facilities. This action followed a request from the company itself, referencing an earlier communication from June 10, 2026, and a previous letter from November 2022. The withdrawal was further highlighted in a press release by Brickwork Ratings on August 11, 2026.
The reason for concern among investors stems from the details in the credit rating agency's rationale. Brickwork Ratings noted that the company was under the "Issuer not cooperating" category. This means Jay Ushin did not provide the necessary information for the agency to maintain or properly assess its ratings. The simultaneous non-cooperation and withdrawal of ratings often raise red flags for the market, as it reduces transparency about the company's financial health and creditworthiness. This lack of clear, independently validated information likely prompted the negative sentiment and the subsequent fall in the share price.
What does Jay Ushin Ltd do?
Jay Ushin Ltd is a joint venture company with Ushin Ltd. Japan. It is located in the HSIIDC Industrial Estate in Gurgaon, Haryana, India.
The company is listed on the BSE Limited with the script code 513252. It has a registered office in Delhi and communicates about corporate actions such as the withdrawal of its credit rating for total bank loan facilities.
Jay Ushin Ltd Financials
In CroresJay Ushin Ltd's financials show a positive growth trend between the two reported periods. Revenue increased from ₹245.11 Crores in December 2025 to ₹267.56 Crores in March 2026, representing a growth of approximately 9.16%. Concurrently, profit rose from ₹4.3 Crores to ₹5.4 Crores over the same timeframe, indicating a stronger profit growth of about 25.58%. The data thus reflects an expansion in both top-line revenue and bottom-line profitability.
Jay Ushin Ltd Shareholding Pattern
Promoter holding stands at 62.86% of the total share capital. Foreign Institutional Investors (FIIs) hold 0.0% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.02%. Public shareholders hold the remaining 37.11% stake in Jay Ushin Ltd.
Jay Ushin Ltd FAQs
Q: Why did Jay shares fall 2.2% today?
Kindly refer to our letter dated June 10, 2026, wherein we have been informed that the Company has already withdrawal credit rating from Brickwork Ratings India Private Limited vide our ..... This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Jay Ushin Ltd?
As per the latest data, promoters hold 62.86% stake in Jay Ushin Ltd, while FII holding stands at 0.0%. Domestic institutional investors hold 0.02%, and public shareholders account for 37.11% of the equity.
Q: What is the current stock price of Jay Ushin Ltd?
Jay Ushin Ltd shares are currently trading at ₹870.2, recording a decline of 2.2% from the previous close.
Q: What is the market capitalization of Jay Ushin Ltd?
The company currently has a market capitalization of ₹336.29 crore, reflecting its valuation in the Indian equity market.