VERIFIEDET Stocks·7 Oct 2026positive

Adani Enterprises gets rating upgrade from CARE Ratings to AA; Stable; shares up 21% in 2026

AI Summary

·Adani Enterprises' long-term rating was upgraded by CARE Ratings to CARE AA; Stable.
·This upgrade marks the company's highest-ever credit rating.
·The upgrade was attributed to improved financial flexibility from a Rs 15,000 crore QIP and Adani Airports stake sale.