This follows a ratings downgrade by Icra, which alleged the clean energy firm falsified debt-servicing documents. Sentiment worsened after its promoters sold shares in the open market during the crisis. The stock had shot up 2,600% between 2022 and 2024.
Moody’s Ratings affirmed Tata Motors’ Ba1 corporate family rating with a positive outlook, while upgrading Jaguar Land Rover’s (JLR) rating to Ba1. The upgrade reflects
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