Shares of NALCO fell on Thursday, ending a four-day, 14% rally, as profit booking hit India’s metals sector. All 15 stocks on the Nifty Metal index traded lower amid cooling global commodity prices and stretched valuations.
Adani Electricity Mumbai secures sovereign-grade rating after years of deleveraging
Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade