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Crisil Ratings upgrades long-term ratings of Vedanta group companies
Crisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the strong financial profile and improved financial flexibility of the demerged entities. Vedanta Ltd anchors the group with market leadership and a significant stake in Hindustan Zinc. Leverage is expected to remain comfortably below 1.0x over the medium term. The group's diversified metals portfolio strengthens its overall operating profile.
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economictimes.indiatimes.com
Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISIL
CRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial risk profiles for the demerged entities.…
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Crisil Ratings upgrades long-term ratings of Vedanta group companies
Crisil Ratings has upgraded Vedanta group companies' long-term ratings to AA+ and assigned a stable outlook. This upgrade reflects the strong financial profile and improved…
