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India Ratings has assigned 'IND BBB+/Stable' to Jayaswal Neco Industries' INR 700 Cr long-term bank facilities and 'IND A2' for short-term. The long-term Issuer Rating is reaffirmed at 'IND BBB+/Stable'. These ratings reflect strong operating performance, successful debt refinancing at lower costs, and improved profitability, all contributing to a stable outlook.