RIL shares in focus as S&P Global upgrades rating to 'A-' on cash flow stability
Reliance Industries' credit rating has been upgraded to 'A-' by S&P Global Ratings, citing improved cash flow stability and a strong earnings outlook driven by its consumer-facing businesses. The agency anticipates prudent financial management and expects earnings growth to outpace high capital expenditure, maintaining a stable outlook.
Reliance Industries' credit rating has been upgraded to 'A-' by S&P Global Ratings, citing improved cash flow stability and a strong earnings outlook driven by its consumer-facing businesses. The agency anticipates prudent financial management and expects earnings growth to outpace high capital expenditure, maintaining a stable outlook.
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