FilingReader Intelligence
ONGC credit rating upgraded by S&P Global
August 14, 2025 at 07:11 PM UTC•By FilingReader AI
S&P Global Ratings upgraded Oil and Natural Gas Corporation's rating to BBB from BBB- on August 14, 2025, with a stable outlook. This decision follows India's sovereign rating upgrade to BBB/A-2 from BBB-/A-3.
ONGC's final rating remains constrained by the sovereign rating. The upgrade reflects the belief that ONGC will maintain its strong financial profile and status as India's national oil company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:ONGC•Bombay Stock Exchange
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