ONGC (NSE:ONGC): Why Did Fitch Raise Its Standalone Credit Profile to 'bbb+'?
Oil and Natural Gas Corporation Limited (NSE:ONGC) disclosed to the stock exchanges on 16 July 2026 that Fitch Ratings has affirmed its Long Term Foreign Currency Issuer Default Rating at 'BBB-' with a Stable outlook, while simultaneously raising the company's Standalone Credit Profile from the prior level to 'bbb+'. The disclosure was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by Company Secretary and Compliance Officer Shashi Bhushan Singh.