Fitch places Hindalco Industries Ratings on Negative Watch

Hindalco Industries Ltd has announced that Fitch places Hindalco's National Long-term Ratings on Negative Watch; Affirms Short-term Rating:

- National Long-Term Rating : 'AAA(ind)'

- INR5,000m Non-Convertible Debenture Programme : 'AAA(ind)'

- INR2,500 Commercial Paper / Short-Term Debt Programme : 'F1+(ind)'

Source : Equity Bulls

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