For Crisil, overall, there were 506 upgrades and 184 downgrades. The credit ratio increased to 2.75 times in the first half of this fiscal from 1.79 times in the second half of last fiscal. This highlights the sustained strengthening of India Inc’s credit quality.
Nifty Pharma index has moved in tandem with the headline index, with nearly 5% returns in the last month, with stocks gaining by up to
At least 40 companies rebounded from FY24 losses to FY25 profits, with nine stocks yielding over 100% returns. Reliance Power and Reliance Infrastructure led the
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