Orissa Bengal Carrier Limited Requests Withdrawal of Credit Rating from CARE Ratings Limited
Orissa Bengal Carrier Limited (OBCL) has requested the withdrawal of its credit rating from CARE Ratings Limited for the bank facilities associated with the company. This decision was made following a request submitted by OBCL to the ratings agency in January 2026, and the withdrawal process is being executed in compliance with CARE Ratings' established policy.As part of standard procedure following such requests, OBCL has been informed that CARE Ratings Limited would announce the withdrawal through a Press Release. The company was advised that upon this notification, no other entity should utilize the previous rating for any purpose. Furthermore, CARE Ratings Limited indicated willingness to provide services for any future rating requirements the company may have.
OBCL Stock Price Movement
As of 1:24 PM, shares of Orissa Bengal Carrier Limited rally slightly, climbing by 0.49% to reach ₹59.00 after trading a gain of ₹0.29. The stock trades amidst strong interest, with 17,178 shares having been turned over as it hovers near its daily peak.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.