NewsCorporate ActionsHindustan Oil Exploration Company's Credit Rating Outlook Revised to Stable by India RatingsHindustan Oil Exploration Company's Credit Rating Outlook Revised to Stable by India Ratings
India Ratings Research has revised Hindustan Oil Exploration Company Limited's (HOEC) credit outlook from Positive to Stable while maintaining its Long-Term Issuer Rating at IND A/Stable. The bank loan rating of Rs 500.00 crores remains at IND A/Stable/IND A1. This rating action, effective November 7, 2025, indicates HOEC's consistent credit profile and strong financial obligation servicing capability.
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Hindustan Oil Exploration Company Limited (HOEC) has received an update on its credit rating from India Ratings Research Private Limited. The rating agency has revised the outlook on HOEC's bank loan while maintaining its overall rating. Here are the key details of the rating action:
Rating Action Details
| Aspect | Details |
|---|---|
| Outlook Revision | From Positive to Stable |
| Long-Term Issuer Rating | Assigned IND A/Stable |
| Bank Loan Rating | Maintained at IND A/Stable/IND A1 |
| Bank Loan Amount | Rs 500.00 crores |
| Rating Action Date | November 7, 2025 |
| Rating Letter Receipt Date | November 10, 2025 |
Implications of the Rating Action
The revision in outlook from Positive to Stable suggests that India Ratings expects HOEC's credit profile to remain consistent in the near to medium term. The affirmation of the IND A rating indicates that the company continues to have a strong degree of safety regarding timely servicing of financial obligations and very low credit risk.
Company's Disclosure
HOEC, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, promptly disclosed this information to the stock exchanges.
This rating action provides stakeholders with an updated assessment of HOEC's financial strength and creditworthiness. While the outlook has been revised to Stable, the maintenance of the IND A rating suggests that the company's fundamental credit quality remains robust.
Investors and market participants may consider this information when evaluating their investment decisions or assessing the company's financial stability. However, it's important to note that credit ratings are opinions of rating agencies and should be used as one of many factors in making investment or business decisions.
Historical Stock Returns for Hindustan Oil Exploration
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.17% | -5.64% | -13.27% | -26.42% | -25.18% | +92.44% |
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