Moody's says Adani stock plunge can hurt group's ability to raise debt

Credit ratings agency Moody's warned on Friday that the recent sell-off in Adani group's shares after a short-seller's report could reduce the Indian conglomerate's ability to raise capital, while its peer Fitch saw no immediate impact on its ratings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cGF8faX
https://ift.tt/WZOugwV

Post a Comment

0 Comments