CRISIL Upgrades Long-Term Rating of Vedanta Oil and Gas Limited
CRISIL Ratings Limited has upgraded the long-term rating of Vedanta Oil and Gas Limited (VOGL). The agency announced the update on July 16, 2026, indicating a positive shift in the company's credit profile.The agency upgraded the long-term rating to 'Crisil AA+/Stable' and subsequently removed the company from the watch developing category. Additionally, the short-term rating for the entity has been withdrawn.
The specific rating adjustments are detailed in the table below:
| Name of the Company | Rating |
|---|---|
| Vedanta Oil and Gas Limited | Crisil AA+ (Stable) (Previously Crisil A+/Watch Developing/Crisil A1+) |
This rating action reflects a significant revision from the previous status of 'Crisil A+/Watch Developing' and 'Crisil A1+'. The agency provided a detailed rationale for this upgrade in its official release.
VOGL Stock Price Movement
Vedanta Oil and Gas Limited shares today slipped by 0.55% to settle at ₹36.42. The stock saw significant activity with a turnover of 39.16 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.