Adani Enterprises wins ratings upgrade following its Rs 15,000 crore fundraise

CARE Ratings upgraded Adani Enterprises to AA, citing improved financial flexibility after a Rs 15,000 crore QIP.
The company says several of its incubated businesses have reached commercial scale.
It expects airports, Kutch Copper and roads to drive earnings growth by FY27.
It names data centres, new energy, defence and aluminium as longer-term opportunities.

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