Fitch said it has assessed IOC#39;s standalone profile at #39;BB #39; to reflect its dominant market position as the largest oil refining and marketing company (OMC) in India, the average-but-improving complexity of its refining assets and a moderate financial profile.Fitch says IOC#39;s net debt levels to rise due to large capex
Fitch said it has assessed IOC#39;s standalone profile at #39;BB #39; to reflect its dominant market position as the largest oil refining and marketing company (OMC) in India, the average-but-improving complexity of its refining assets and a moderate financial profile.
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