18 Feb 2022 , 01:07 PM
India Ratings and Research (Ind-Ra) has affirmed Tata Power Company Limited’s (TPCL) Long-Term Issuer Rating at ‘IND AA’. The Outlook is Stable. Further, the commercial paper programme worth Rs90 billion has been affirmed at IND A1+.
On Friday, at around 1:08 PM, Tata Power Company was trading at Rs229.10 apiece up by Rs1.35 or 0.59% on Sensex.
Ind-Ra continues to take a consolidated view of TPCL and its subsidiaries to arrive at the ratings owing to operational, strategic and legal linkages among them.
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