Wednesday, 5 November, 2025
Fitch Upgrades Adani Ports Outlook to Stable on Easing Contagion Risk

Fitch Ratings has revised the outlook for Adani Ports and Special Economic Zone (APSEZ) to Stable from Negative, while affirming its 'BBB-' rating. This upgrade reflects easing contagion risk within the Adani group, supported by the port operator's strong cash flows, diversified port portfolio, and demonstrated access to varied funding sources, despite a separate US indictment related to Adani Green Energy.