Power Grid Corporation of India Ltd (PGRD.BO)
17 May 2013
|Market Cap (Mil.):||Rs537,279.62|
|Shares Outstanding (Mil.):||4,629.73|
(The following statement was released by the rating agency)
For news about this issuer, double click on the issuer RIC,
MUMBAI/SINGAPORE, January 04 (Fitch) Fitch Ratings has published India-based Power Grid Corporation of India Ltd's (PGCIL) 'BBB-' Issuer Default Rating (IDR). The Outlook is Negative. Simultaneously, the agency has published PGCIL's 'BBB-' senior unsecured rating and assigned an expected 'BBB-(EXP)' rating to its proposed bond.