Adani Enterprises Gets Highest-Ever CARE AA Credit Rating With Stable Outlook; Shares Gain 22% In 2026
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Adani Enterprises has received its highest-ever credit rating of CARE AA with a Stable outlook. Further, its shares have gained around 22% year-to-date in 2026.
Adani Enterprises Ltd (AEL) has received the highest credit rating in its history. CARE Ratings has upgraded the company's long-term rating to CARE AA with a Stable outlook.
The upgrade reflects the company's improved credit profile and capital management. AEL said it has strengthened its financial position over the past seven years while continuing to invest in infrastructure-led projects.
CARE Ratings Upgrades Debt Instruments
The rating agency upgraded the ratings on several of AEL's bank facilities and debt instruments.
The long-term component of facilities worth ₹16,505 crore was upgraded to CARE AA Stable, while its short-term rating remains at CARE A1+.
CARE Ratings also upgraded the ratings on three tranches of non-convertible debentures (NCDs). These comprise ₹954.96 crore, ₹2,000 crore and ₹3,000 crore.
Meanwhile, short-term bank facilities worth ₹240 crore and commercial paper worth ₹2,000 crore retained their CARE A1+ ratings.
Adani Enterprises Shares Gain 22% In 2026
Adani Enterprises shares have delivered strong returns in 2026. Over the past six months, AEL shares have risen around 44%. The stock touched a 52-week high of ₹3,245 on 6 July 2026, after hitting a 52-week low of ₹1,753.45 on 30 March 2026.
Brokerage firm Motilal Oswal Financial Services has retained a buy rating on the stock. It has set a target price of ₹3,880. The positive view followed a ₹9,800 crore fundraising by Adani Airport Holdings. The subsidiary raised the funds from investors including Alpha Wave Global, Premji Invest, Temasek and funds managed by BlackRock.
AEL reported a consolidated net loss of ₹1,160 crore for the quarter ended June 2026. The loss was mainly linked to a one-off ₹2,644 crore settlement payment to the US Office of Foreign Assets Control.
Despite the loss, consolidated revenue increased by 49.9% year-on-year to ₹32,924 crore from ₹21,961 crore in the corresponding quarter of the previous financial year.
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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