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    Adani Ports Upgraded To 'BBB' By S&P Global As Strong Cash Flows Support Expansion Plans

    15 hours ago

    The global ratings agency also upgraded the rating on Adani Ports' senior unsecured notes to 'BBB' and assigned a stable outlook, reflecting its expectation that the company will maintain a net debt-to-EBITDA ratio of around 2.6 times over the next 12 to 24 months despite elevated capital expenditure.
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