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India Ratings assigns provisional ‘AA+’ rating to Adani Ports’ NCDs

28 Jun 2016 Evaluate

Credit rating agency, India Ratings & Research has assigned provisional ‘AA+’ rating with stable outlook for proposed Non-Convertible Debentures (NCDs) of Rs 500 crore of Adani Ports and Special Economic Zone (APSEZ).

APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

Adani Ports &Special Share Price

1568.00 18.55 (1.20%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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