Announced Thu, 9 Jul · 12:04 IST
ICRA reaffirms AA+ rating, assigns ratings for new facilities
ADANIENSOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹1663.70
prior close
₹1659.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2-0.2+0.8-0.8-1.2+1.5+1.1+1.6+4.0————
Up moveDown movePending
AI summary
ICRA has reaffirmed Adani Energy Solutions long term rating at AA+ with Stable outlook and short term rating at A1+. Ratings were also assigned for new and enhanced credit facilities including working capital limits, commercial paper, and non-convertible debentures. AA+ is a high investment grade rating.
Likely market impact
Stable AA+ rating reflects strong credit profile. New facility ratings support expansion plans. Neutral to mildly positive for shareholders.