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Adani Enterprises Limited ( (IN:ADANIENT) ) has issued an announcement.
Adani Enterprises Limited has announced that CARE Ratings and ICRA have assigned and reaffirmed strong credit ratings for its various debt instruments and bank facilities, including non-convertible debentures, commercial paper, term loans, and working capital facilities, largely at AA- with a Stable outlook for long-term instruments and A1+ for short-term borrowings. The reaffirmation and assignment of these ratings across sizeable sanctioned and proposed limits underscore the company’s solid credit profile and funding access, supporting its ongoing capital expenditure plans and liquidity position, and signaling continued lender and investor confidence in the group’s financial strength.
More about Adani Enterprises Limited
Adani Enterprises Limited is the flagship company of the Adani Group, operating as a diversified infrastructure and development conglomerate in India with interests spanning energy and utilities, transportation, logistics, and other integrated infrastructure businesses, and it is listed on both the BSE and NSE.
Average Trading Volume: 54,923
Technical Sentiment Signal: Hold
Current Market Cap: 2894.4B INR
For detailed information about ADANIENT stock, go to TipRanks’ Stock Analysis page.