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

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

CARE Ratings upgraded Adani Enterprises' long-term rating to 'AA' with a stable outlook. The upgrade reflects enhanced financial adaptability due to recent capital influx and subsidiary stake divestitures. Profit growth is expected to continue.

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