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S&P Hints at RIL Rating Upgrade in 12 Months

The New Indian Express Madurai

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August 20, 2025

AFTER upgrading the sovereign ratings last week to 'BBB' with stable outlook, global rating agency S&P has hinted at revising upward ratings of Reliance Industries over next 12 months, citing its growing presence in digital services as a driver of stronger earnings and a shield against volatile global macroeconomic conditions.

"We expect share of earnings from Reliance Industries'

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