Fitch Ratings

Stocks

Fitch upgrades JSW Infrastructure’s rating to investment grade with stable outlook
Byaea2ede5_admin August 26, 2025

Fitch Ratings has upgraded JSW Infrastructure‘s credit rating to ‘BBB-’ from ‘BB+’ and assigned its outlook as stable, marking a significant milestone in the company’s investment grade category. Affirming the ratings, Fitch said it expects that JSW Infra’s leverage, measured by gross debt/EBITDA, will remain below 3.5x (financial year ending March 2025 (FY25): 2.1x) over…

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Stocks

Fitch affirms Vedanta Resources at a ‘B-‘ rating with a positive outlook
Byaea2ede5_admin November 20, 2024

American credit rating agency Fitch Ratings has maintained its ‘B-‘ rating for Vedanta Resources Limited (VRL), the UK-based natural resources giant, while assigning a positive outlook, indicating potential upward momentum. Additionally, Fitch has assigned a ‘B-‘ rating to VRL’s senior unsecured debt and the proposed $1.2 billion senior unsecured notes from its subsidiary, Vedanta Resources…

Read More Fitch affirms Vedanta Resources at a ‘B-‘ rating with a positive outlook