Major Rating Agencies Assign Ratings to Indian Oil Corporation Limited
Indian Oil Corporation Limited has secured various credit ratings from several leading rating agencies across multiple debt instruments, reflecting the company's financial standing. The assessments cover bonds, bank facilities, and unsecured debt by S&P Global, CRISIL, ICRA, CARE, and India Ratings.The assigned ratings span different types of debt obligations, including senior unsecured debt, non-convertible debentures, and various terms of bank facilities, as reported across the market.
Credit Rating Summary
Key credit ratings for Indian Oil Corporation Limited (IOC) by respective agencies are detailed below:| Instrument Category | Rating Agency | Rating | Outlook |
|---|---|---|---|
| Issuer Rating | S&P Global | BBB | Stable |
| Senior Unsecured Debt - Foreign Currency | S&P Global / Baa3 | BBB- | Stable |
| Non-Convertible Debenture (NCB) | CRISIL | AAA | Stable |
| Non-Convertible Debenture (NCB) | India Ratings | IND AAA | Stable |
| Non-Convertible Debenture (NCB) | ICRA | AAA | Stable |
| Long Term Bank Facilities - Long Term | ICRA / CRISIL | AAA | Stable |
| Bank Facilities - Long Term | CARE | AAA | |
| Bank Facilities - Short Term | India Ratings | IND A1+ | |
| Bank Facilities - Short Term | CARE | A1+ |
Comprehensive Rating Details by Agency
Ratings vary across different debt instruments and financial durations, with ratings provided by multiple agencies listed in the table below:| Instrument | Rating Agency | Rating | Outlook |
|---|---|---|---|
| Issuer Rating (20 Unsecured Debt - Foreign) | S&P Global | Baa3 | Stable |
| Senior Unsecured Debt - Foreign Currency | S&P Global | BBB- | Stable |
| Non-Convertible Debenture | CRISIL | AAA | Stable |
| Non-Convertible Debenture | India Ratings | IND AAA | Stable |
| Non-Convertible Debenture | ICRA | AAA | Stable |
| Long Term Bank Facilities - Long Term | CRISIL / ICRA | AAA | Stable |
| Bank Facilities - Long Term | CARE | AAA | |
| Bank Facilities - Short Term | India Ratings | IND A1+ | |
| Bank Facilities - Short Term | CARE | A1+ | |
| Commercial Paper (CP) | India Ratings / ICRA | TICRATAT+ A1+ / Cd |
NACLIND Stock Price Movement
NACL Industries Limited shares today slipped by 1.77% to settle at ₹202.13, closing down after trading sessions concluded. The stock saw moderate activity during the day, with a total traded volume recording 825,678 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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