Tag: downgrades
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Worst Spate of Downgrades Since 2021 Signals Pain
(Bloomberg) -- Credit rating downgrades are becoming more frequent, the latest sign that companies are starting to perform worse and raising fresh...
SBI Card shares fall as Goldman Sachs downgrades after sharp up-move to 52-week high
Shares of SBI Cards and Payment Services Ltd. fell as much as 3% to an intraday low of ₹906.8 on Wednesday, July 2, after...
Moody’s downgrades US credit rating — A look back at its earlier downgrades
For the first time in over a century, the United States has lost its top-tier credit status from all major rating agencies, as Moody’s...
Goldman Sachs downgrades Polycab, cuts target for peers awaiting better entry point
Brokerage firm Goldman Sachs on Monday, March 17, downgraded shares of Polycab India Ltd and cut its price target on both Polycab and its...
IT Stocks Crash: Index falls into ‘bear market’ territory on US recession fears, multiple downgrades
The Nifty IT index has now slipped into "bear market territory" on Wednesday, March 12, meaning that the index has corrected over 20% from...
