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OIL share buyback may weaken its financial profile: Fitch - Moneycontrol.com

Moneycontrol.com

OIL share buyback may weaken its financial profile: Fitch
Moneycontrol.com
Oil India's (OIL) proposed share buyback is likely to weaken its financial profile as its net leverage may rise to about 2.5 times by the end of fiscal 2020, according to Fitch Ratings. This rate is higher than the rating agency's previous expectation ...

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