India Ratings Assigns Credit Rating for Hindustan Petroleum Corporation's Proposed Commercial Papers
Hindustan Petroleum Corporation Ltd has received a credit rating from India Ratings and Research Private Limited concerning its proposed Commercial Papers. The rating details provide insight into the financial strength associated with these instruments.The assessment covers the Commercial Paper instrument, specifying the size and the resulting ratings assigned by the agency.
Key details of the rating are presented in the table below:
| Instrument Type | Size (Rs. crore) | Rating Assigned | Outlook | Rating Agency |
|---|---|---|---|---|
| Commercial Paper | 10,000 | IND A1+ | Stable | India Ratings and Research Private Limited |
This rating provides market insight into the corporation's commercial paper offerings.
HINDPETRO Stock Price Movement
Hindustan Petroleum Corporation Limited shares shed 1.56% in live trading as of 1:47 PM, currently priced at ₹385.50 after slipping by ₹6.10 per share. The stock has seen significant volume today, with a total traded quantity reaching nearly 6.9 million shares.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.
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