In this article, We will analyze MRPL to build a profitable portfolio, and also pivot technical analysis.. Currently MRP is trading at 42.2 as of 22nd December 2021. 42 is the current support level.
52 WEEK HIGH AND 52 WEEK LOW
MRPL 52 week high is 56.60 and 52 week low is 25.00 .
EPS
MRPL earning per share is -0.49
VWAP
VWAP level is 42.33 based on the closing price. This is on hourly chart
Revenue
The MRPL Net Revenue from last quarter is 15148.36 crore.
FACE VALUE
The MRPL Face value is 10.00.
Market Capital
The MRPL Full Market Capital is7413.49crore.
INDUSTRY
MRPL is listed under Refineries/ Petro-Products industry.
Index
MRPL is part of the A Index Group.
What does MRPL stand for?
Mangalore Refinery & Petrochemicals Ltd
What is MRPL share price target 2022?
MRP is low volume trading stock, and average monthly trading volume is less than 25k. Hence difficult to predict the share price based on the technical charts.
MRP Important Facts
There are more than 300K shareholders holding MRPL stocks
MRPL processes more than 420,000 barrels a day at its facility in Western India. Due to oil’s huge oil preserving capacities, MRPL helps to reduce stockpiling costs for oil-producing countries.
MRPL holds 2021 plants of the year records. Other contending companies are Shell, Chevron, Fieldcomm, etc.
MRPL cut the rate by more than 15% during the first pandemic when oil demand plummeted.
MRPL and HPCL-Mittal are working to connect more Oil produces to remove dependencies with OPEC. MRPL recently supplies from Guyanese oil, and Mangalore refinery, and Petrochemicals now gets supplies from Brazil’s Tupi.
