Adani Ports and Special Economic Zone Limited updates on ratings from global rating agencies

Moody's, Fitch Ratings and S & P Global Ratings have assigned the following ratings to the proposed foreign currency denominated bonds issuance by Adani Ports and Special Economic Zone Limited:

Fitch Ratings - 'BBB-'rating. The outlook on the rating is negative.

S & P Global ratings - 'BBB-'rating. The outlook on the rating is stable.

Moody's Investors Service - Baa3 rating. The outlook on the rating is negative.

Shares of ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD. was last trading in BSE at Rs.335.5 as compared to the previous close of Rs. 343.05. The total number of shares traded during the day was 96408 in over 1909 trades.

The stock hit an intraday high of Rs. 343 and intraday low of 332.4. The net turnover during the day was Rs. 32272855.

Source : Equity Bulls

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