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JP Morgan gives 'overweight' rating to Adani Group bonds

JP Morgan gives 'overweight' rating to Adani Group bonds

Dec 07, 2024, at 03:17 am

Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress, mdia reports said.

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