910
2 months ago
Adani Electricity Mumbai secures sovereign-grade rating after years of deleveraging
Summary
Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround since its acquisition in 2018.
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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
EU trade pact: Should Tata, Mahindra worry about ‘European invasion’?
Why Boeing is keenly watching Adani-Embraer joint venture
What India’s emerging Balance of Payments crunch means
What's in a modal verb? A lot. RBI's prescription to make bankruptcy law work
Can long-stranded gas plants still save Digital India’s power needs?
Stock Radar: Hindustan Unilever forming base after falling over 10% from highs; time to buy?
Top Tax Saving Mutual Funds
Better Than Fixed Deposits
Low Cost High Return Funds
SIP’s starting Rs. 500
Top Performing Mid Caps
Promising Multi Cap Funds
Top Performing Index Funds
In Case you missed it
Top Searched Companies
Most Searched IFSC Codes
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Then ₹ 1749 for 1 year
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Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
The problem with lab grown diamonds
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
Grow your wealth with stock ideas & sectoral trends.
Buy low & sell high with access to Stock Score, Upside potential & more.
Get to know where the market bulls are investing to identify the right stocks.
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper - Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Manage your money efficiently with this weekly money management guide.
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Explore the In-depth explanation of complex topics for everyday life decisions.
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
New York Times Exclusives
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Stream new documentaries from all across the world every day.
Leadership | Entrepreneurship People | Culture
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AI Description
Adani Electricity Mumbai has achieved a AAA credit rating, aligning it with India's sovereign credit profile. This reflects the company's successful turnaround and improved financial health since its acquisition in 2018.