VERIFIEDMint Markets·7 Oct 2026positive

Adani Enterprises: AEL gets highest-ever rating in its credit history; shares up over 22% YTD

AI Summary

·Adani Enterprises has received its highest-ever long-term credit rating of AA Stable.
·The upgrade reflects improved capital management and credit profile over the past seven years.
·The rating applies to bank facilities and Non-Convertible Debentures, according to CARE Ratings.