127.2500 0.50 (0.39%)
NSE Sep 03, 2025 15:31 PM
Volume: 725.8K
 

ICICI Securities Limited
The nationwide lockdown due to spread of Covid-19 has reduced capacity utilisation of the company and will impact its near term performance. On the business front, MRPL plans to augment its capacity from 15 MMTPA to 18 MMTPA over the next few years. However, the last expansion project to increase complexity as well as capacity did not achieve desired results. Also, weak global product spreads will affect refining margins thereby affecting profitability. MRPL's investment in OMPL has also not paid off. It continues to be a drag at the consolidated level. We downgrade the stock from...
Mangalore Refinery And Petrochemicals Ltd. is trading below all available SMAs
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