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Reliance Industries Limited ( (IN:RELIANCE) ) just unveiled an update.
Reliance Industries Limited announced that S&P Global Ratings has upgraded the credit rating for its Senior Unsecured US$ Denominated Fixed Rate Notes from ‘BBB+’ to ‘A-‘ with a stable outlook. This upgrade reflects positively on the company’s financial stability and could enhance its attractiveness to investors, potentially impacting its market positioning and stakeholder confidence.
More about Reliance Industries Limited
Reliance Industries Limited is a major Indian conglomerate with diverse interests, including petrochemicals, refining, oil, telecommunications, and retail. It is one of the largest companies in India and has a significant presence in the global market.
Average Trading Volume: 638,237
Technical Sentiment Signal: Buy
Current Market Cap: 20926.6B INR
For a thorough assessment of RELIANCE stock, go to TipRanks’ Stock Analysis page.