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Economy

Fitch affirms Reliance Industries' ratings with stable outlook

Updated : May 17, 2018 07:30 AM IST

The company runs the world's largest single-location refinery at Jamnagar with a daily capacity of around 1.24 million barrels.
Reliance Industries (RIL) also benefits from its dominant market position in the petrochemical business, driven by its integrated business model with minimal presence in upstream.
RIL recently completed a massive capex that upped the downstream integration, improving its business profile.
Fitch affirms Reliance Industries' ratings with stable outlook

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