India Ratings assigns Oil & Natural Gas Corporation at IND AAA
Oil & Natural Gas Corporation (ONGC) said India Ratings has assigned its credit rating at IND AAA. The company is valued at about ₹2.84 lakh crore.
What happened
In a filing with the BSE on 30 October 2026 at 07:15 PM, Oil & Natural Gas Corporation (ONGC) said that India Ratings has assigned its credit rating at IND AAA.
Company snapshot
Oil & Natural Gas Corporation is a large-cap company in the Oil Gas & Consumable Fuels sector, with a market value of about ₹2.84 lakh crore.
The stock last traded at ₹225.4, against a 52-week range of ₹218.5–₹307.5 (26.7% below the high).
Before this filing the shares had moved −1.8% over the month and −6.9% over three months. Average daily turnover over the last 20 sessions was about ₹226 crore.
Promoters held 58.89% at the end of Q1 FY27. Foreign institutions owned 8.01% and domestic institutions 19.31%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,63,108 | 9,804.1 | 7.79 |
| Q2 FY26 | 1,57,911 | 10,784.9 | 8.58 |
| Q3 FY26 | 1,67,423 | 10,015.8 | 7.96 |
| Q4 FY26 | 1,73,805 | 10,819.7 | 8.6 |
| Q1 FY27 | 2,04,987 | 11,898.9 | 9.46 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Across 21 similar disclosures by other Oil Gas & Consumable Fuels companies, shares moved +0.8% on average the next day and −1.0% over five days; 43% of them rose the next day.
Market-wide, 1,365 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 5 November 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.