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Latest Breaking News On - Outlook on hpcl mittal energy limited - Page 1 : comparemela.com

Fitch Rating : Revises Outlook on HMEL to Stable; Affirms IDR at BB

The Outlook revision reflects recovery in HMEL s credit metrics to levels adequate for its standalone credit profile (SCP) of b+ ahead of our expectations, and lower downside risks to our profitability estimates, given improved refining industry conditions and mechanical completion of HMEL s petrochemical project.

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