CARE Ratings upgrades Adani Enterprises to CARE AA-
Adani Enterprises (ADANIENT) said CARE Ratings has upgraded its credit rating to CARE AA-. The company is valued at about ₹3.71 lakh crore.
What happened
In a filing with the NSE on 7 October 2026 at 06:11 PM, Adani Enterprises (ADANIENT) said that CARE Ratings has upgraded its credit rating to CARE AA-.
From the filing: "AEL's long-term rating is now upgraded to AA Stable, highest-ever rating in its credit history."
Company snapshot
Adani Enterprises is a large-cap company in the Metals & Mining sector, with a market value of about ₹3.71 lakh crore.
The stock last traded at ₹2,743, against a 52-week range of ₹1,753–₹3,245 (15.5% below the high).
Before this filing the shares had moved −1.3% over the month and −7.8% over three months. Average daily turnover over the last 20 sessions was about ₹454 crore.
Promoters held 71.97% at the end of Q2 FY27, down 2.87% points from the previous quarter; 0.79% of promoter shares were pledged. Foreign institutions owned 10.52% and domestic institutions 10.75%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 21,961 | 734.4 | 6.02 |
| Q2 FY26 | 21,249 | 3,198.8 | 27.38 |
| Q3 FY26 | 24,820 | 5,627 | 46.78 |
| Q4 FY26 | 32,439 | -220.7 | -1.71 |
| Q1 FY27 | 32,924 | -1,160.2 | -8.91 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.0% on average the next trading day and was up 0.3% on average after five days (2 filings with price data).
Across 37 similar disclosures by other Metals & Mining companies, shares moved +0.4% on average the next day and +1.1% over five days; 62% of them rose the next day.
Market-wide, 1,223 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 2 Jul 2026 | Credit rating | +2.2% | −1.9% |
| 29 May 2026 | Credit rating | −2.1% | +2.5% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- ADANIENT Outlook for the Week
- Adani Enterprises Share Price Falls 2.19% | Large Cap View
- Adani Enterprises Subsidiary Buys 50% Monvarex Aluminium Holding Stake For $25,000
- Court grants bail to journalist Ravi Nair convicted in defamation case filed by Adani Enterprises
- Bengal govt signs MoU with Adani Enterprises to explore Durga Puja-related cultural initiatives
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.