TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Chennai Petroleum Corporation Limited ( (IN:CHENNPETRO) ) has issued an announcement.
Chennai Petroleum Corporation Limited announced that Crisil Ratings has reaffirmed its ‘Crisil AAA/Stable & Crisil A1+’ ratings for the company’s bank facilities and commercial paper. This reaffirmation indicates strong financial stability and creditworthiness, which is likely to positively impact the company’s operations and stakeholder confidence, further solidifying its position in the industry.
More about Chennai Petroleum Corporation Limited
Chennai Petroleum Corporation Limited operates in the oil and gas industry, focusing on refining crude oil into various petroleum products. The company is a key player in the Indian market, providing essential energy resources and contributing significantly to the country’s energy infrastructure.
Average Trading Volume: 175,579
Technical Sentiment Signal: Buy
Current Market Cap: 146.2B INR
Find detailed analytics on CHENNPETRO stock on TipRanks’ Stock Analysis page.