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

Adani Enterprises has received its highest-ever credit rating of AA Stable, reflecting improved capital management and credit profile over the past seven years, as per CARE Ratings.

The upgrade comes on the back of Adani Enterprises' bank facilities and Non-Convertible Debentures (NCDs), with the company's shares up over 22% year-to-date.