Reliance Industries receives positive ratings from S&P and Fitch due to strong earnings, maintaining financial stability.
Reliance Industries Ltd receives positive reviews from global rating agencies, S&P and Fitch, due to its strong earnings in the fiscal year ending March 31, 2024. This growth supports its ambitions and maintains leverage under control. Both S&P and Fitch believe that the company's debt-to-EBITDA ratio will remain commensurate with its rating, affirming its financial stability.
April 26, 2024
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