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CARE upgrades Adani Enterprises to ‘AA’, retains ‘stable’ outlook

CARE Ratings has upgraded the long-term rating of Adani Enterprises to 'AA', affirming a stable outlook. This elevation underscores enhanced financial adaptability, attributed to recent capital influx and subsidiary stake divestitures. With profit growth likely, supported by a resurgence at Kutch Copper Limited and continued airport operations, coupled with the promoter family's substantial…

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

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