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ICRA upgrades Adani Total Gas LT rating to “AA” with ‘stable’ outlook

Adani Total Gas said that the credit rating agency ICRA has upgraded Company’s long-term (LT) rating to “[ICRA] AA” from “[ICRA] AA-” with ‘stable’ outlook. The agency has reaffirmed the companys short-term rating at [ICRA] A1+. ICRA stated that the long-term rating upgrade of Adani Total Gas (ATGL) takes into account its improving financial risk profile, […]
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