IOCBSEIndian Oil Corporation LtdMediumPositive
Announced Sat, 16 May · 11:54 IST

Intimation of Credit Rating.

Credit & Debt View source PDF

IOC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹134.90
prior close
₹134.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.6-1.6-2.3+0.1+2.5+4.0+3.6+6.7+6.8+2.5+8.5+5.7
Up moveDown movePending
AI summary

Indian Oil Corporation Ltd has received credit ratings from ICRA Limited for its bank facilities. The Long Term Bank Facilities have been rated [ICRA] AAA with a Stable outlook, while Short Term Bank Facilities have received [ICRA] A1+ rating. The filing also includes ratings from other agencies including S&P Global (BBB Stable), Moody's (Baa3 Stable), Fitch (BBB- Stable), CRISIL (CRISIL AAA), CARE (CARE AAA), and India Ratings (IND AAA) for various debt instruments. All ratings carry Stable outlook indicating no immediate concerns about the company's ability to meet its debt obligations.

Likely market impact

Top-tier AAA ratings from multiple agencies reflect IOC's strong creditworthiness and financial stability, which is positive for investors as it indicates lower default risk and potentially better borrowing terms for the company.