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1. Which company recently received a rating upgrade to AAA/Stable from ICRA?
Adani Ports and Special Economic Zone (APSEZ) has been upgraded by rating agency ICRA to AAA/Stable from AA+/Stable. This upgrade applies to the company’s long-term fund-based and non-fund-based facilities, non-convertible debentures (NCDs), and commercial papers. The announcement was made after market hours, with Adani Ports shares closing at Rs 1,491.95 on the NSE on July 18.