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The latest announcement is out from Adani Ports & Special Economic Zone Ltd ( (IN:ADANIPORTS) ).
Adani Ports & Special Economic Zone Ltd, along with Adani Green Energy Ltd and Adani Energy Solutions Ltd, has received inaugural long-term foreign currency credit ratings from Japan Credit Rating Agency, with APSEZ awarded an A- rating with a stable outlook, one notch above India’s sovereign rating, and AGEL and AESL each assigned BBB+ with a stable outlook, at par with the sovereign. The above-sovereign rating for APSEZ and the sovereign-level ratings for the other two infrastructure companies mark a key milestone in the Adani Group’s global credit profile, signaling strengthened financial credibility, robust cash-flow generation and balance sheet fundamentals, and potentially improving access to international capital while reinforcing the group’s position as a key partner in India’s infrastructure buildout.
More about Adani Ports & Special Economic Zone Ltd
Adani Ports & Special Economic Zone Ltd (APSEZ) is India’s largest private port developer and operator, managing a diversified portfolio of ports and logistics assets. The company provides port services, logistics and special economic zone infrastructure, supporting trade flows and infrastructure development across India with a growing focus on global investors and international credit markets.
Average Trading Volume: 98,962
Technical Sentiment Signal: Buy
Current Market Cap: 3143.1B INR
For a thorough assessment of ADANIPORTS stock, go to TipRanks’ Stock Analysis page.