Care Ratings Ltd. Share Price

Adani Enterprises: Rating Upgrade, Stock Under Pressure

Adani Enterprises: Rating Upgrade, Stock Under Pressure Adani Enterprises received a CARE Ratings upgrade to ‘AA; Stable’ from ‘AA-; Stable’, citing improved financial flexibility following its ₹15,000 crore QIP and stake sale in Adani Airports. Despite the positive rating action, Adani Enterprises shares fell around 7% on Thursday amid broader weakness in Adani Group stocks and the overall market. The rating upgrade is nevertheless positive from a fundamental perspective, as it reflects stronger financial flexibility and capital-management measures. Investors will now focus on the company’s upcoming business updates and execution across its airports, new energy, roads, data-centre and other emerging businesses, while broader market conditions and funding costs remain key near-term factors for the stock.

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Adani Enterprises and other Adani Group stocks are under .

Adani Enterprises and other Adani Group stocks are under heavy selling pressure today. 🔴 Adani Stocks — Today's Key News Adani Enterprises: Down around 6% intraday, trading near ₹2,590. The stock has now fallen about 13% over the last six sessions, reaching its lowest level since May 14. Adani Green Energy: Among the weakest, falling as much as 9% intraday. Adani Power, Adani Ports, Adani Energy Solutions & Adani Total Gas: Also under pressure, broadly down around 2–5% during the session. 🟢 Important positive development CARE Ratings upgraded Adani Enterprises' long-term rating from AA- to AA with a Stable outlook, its highest-ever rating. The upgrade reflects improved financial flexibility following the ₹15,000 crore QIP and Adani Airports stake sale. Interestingly, the positive rating news has not prevented today's selling, suggesting that current price action is being driven more by broader risk-off sentiment and profit booking than by the rating itself. 📊 What is driving the fall? Today's broader market sell-off is an important factor. The RBI's 25-bps rate hike to 5.50%, elevated crude prices and continued FII selling are weighing on equities. There is also a technical element: after a strong 2026 rally, Adani stocks are experiencing profit booking and momentum unwinding. 🎯 Trading view For Adani Enterprises, today's ₹2,590 area is important. ₹2,550–2,600: immediate support zone ₹2,700: first recovery resistance ₹2,800–2,850: stronger resistance

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Adani Enterprises Falls Despite Record CARE Rating Upgrade

got its best-ever credit rating on October 7, yet the stock fell sharply today. CARE Ratings upgraded its long-term rating to AA (Stable) from AA- (Stable), the highest in the company's history, and reaffirmed the short-term rating at A1+. The shares were at ₹2,554.10 on the NSE at 1:13 PM, down 6.89% on the day. This is an intraday price, not the close. The upgrade rests on real balance-sheet changes. CARE cited the ₹15,000 crore QIP completed in July 2026 and the agreement to sell a 5.54% stake in Adani Airports Holdings at a pre-money valuation of about ₹1.67 lakh crore. The airport arm is due to receive roughly ₹9,825 crore. CARE also expects stronger earnings ahead. It points to Kutch Copper stabilising, growing non-aero revenue at airports and the ramp-up of Navi Mumbai International Airport. The stock is at a five-month low. It is at its lowest level since May 14, 2026, and has fallen about 13% in six sessions. The whole group is under pressure. Adani Group stocks fell as much as 7%, with Adani Green Energy and Adani Power also sold. The market is focused on macro factors. The RBI's rate hike to 5.50% and elevated global yields are weighing on companies with heavy borrowing and capex plans. Reports mention a capex plan of about ₹1.33 lakh crore through 2029, which makes higher rates matter more.

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Adani Enterprises Upgraded to CARE AA; Stable

Adani Enterprises

has received an upgrade in its long-term credit rating from CARE AA-; Stable to CARE AA; Stable, marking the highest-ever rating in the company’s credit history. CARE Ratings has also reaffirmed its short-term rating at CARE A1+. Rating Upgrade Reflects Financial Flexibility - The upgrade reflects improved financial flexibility following a ₹15,000 crore qualified institutional placement (QIP) completed in July 2026 and the proposed sale of a 5.54% stake in Adani Airports Holdings Ltd at a pre-money valuation of ₹1.67 lakh crore. - CARE Ratings also expects AEL's profitability to improve in FY27, supported by the stabilisation of Kutch Copper operations, continued growth in non-aero airport revenue and the commencement and progressive ramp-up of Navi Mumbai International Airport. Highest-Ever Rating for Adani Enterprises - The upgrade covers ₹16,505 crore of bank facilities, while ₹4,000 crore of long-term bank facilities were also upgraded to CARE AA; Stable. The rating on ₹240 crore of short-term facilities was reaffirmed at CARE A1+, and the company's NCD rating was upgraded to CARE AA; Stable. - Adani Enterprises said the upgrade provides an independent assessment of its capital management and credit profile as it continues to develop businesses across airports, data centres, defence and aerospace, mining services, and road, metro and rail infrastructure. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision. Adani Enterprises

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Jindal SAW Ltd Nashik seamless unit to ramp up from Sep

reported consolidated net profit of roughly ₹104 crore for Q1 FY27, down about 75% year-on-year, as geopolitical disruption in the Middle East, delays in domestic water projects and a temporary suspension of its API licence weighed on the seamless-pipe business. Management highlighted that the API licence has been reinstated and expects the Nashik seamless unit to ramp up from September–October 2026, targeting 70,000–80,000 tonnes per quarter from Q3 FY27. The company’s order book stood at about 1.78 million tonnes (including 0.75 million tonnes of exports), with around 60% of export orders linked to the Middle East. CARE Ratings has reaffirmed its CARE AA (Stable) long-term and CARE A1+ short-term ratings. The stock was trading around ₹305–₹310, with a market capitalisation near ₹9,800 crore.

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