Ind-Ra assigns HPCL's NCDs AAA with a stable outlook
Jul 22, 2020
Mumbai (Maharashtra) [India], July 22 : India Ratings and Research (Ind-Ra) has assigned AAA rating to Hindustan Petroleum Corporation Ltd's (HPCL's) Rs 7,500 crore non-convertible debentures (NCDs) due to the company's strategic importance in supporting fuel retailing and marketing operations.