Today, we’re going on a journey to explore the estimated MRPL Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected MRPL Share Price Target.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched MRPL Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of MRPL
| Name | Mangalore Refinery and Petrochemicals Limited (MRPL) |
|---|---|
| Symbol | MRPL |
| Industry | Oil and Gas |
| Type | Public |
| Founded | 1988 |
| CEO | M. Venkatesh |
| Headquarters | Mangalore, India |
| Services | Refining and Petrochemicals |
| Country | India |
| Locations | Mangalore, Karnataka, India |
| Website | mrpl.co.in |
| Profile | Mangalore_Refinery |
Keep an eye on MRPL’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in MRPL’s share price.
Fundamentals of MRPL
The fundamental analysis of MRPL Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Mangalore Refinery and Petrochemicals Limited (MRPL) is an oil refining company located in Mangalore, Karnataka, India. It was founded in 1988 and is a subsidiary of the Oil and Natural Gas Corporation (ONGC). Its services include refining, production of LPG, naphtha, gasoline, diesel, aviation turbine fuel, and other petroleum products.
MRPL has a refining capacity of 15 million metric tonnes per annum (MMTPA) and is one of the largest oil refineries in India. The company’s products are sold in both domestic and international markets.
The company has also invested in the development of renewable energy sources such as wind and solar power. MRPL has received several awards and recognitions for its performance and sustainability initiatives.
Brokerage Firms
An effective method for evaluating the MRPL share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 29 APR 2023 | Motilal Oswal | 70.00 | Neutral |
| 30 JAN 2023 | Motilal Oswal | 66.00 | Neutral |
| 02 NOV 2022 | ICICI Direct | 60.00 | Hold |
| 30 OCT 2022 | Motilal Oswal | 58.00 | Neutral |
| 17 MAY 2022 | ICICI Direct | 90.00 | Buy |
Our Recommendation
| Telegram Channel | 👉 Click Here ☑ |
| Facebook Page | 👉 Click Here ☑ |
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched MRPL price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Our minimum target for MRPL’s share price in 2023 is INR 60. This is based on our assessment of the company’s financial performance over the past few years, which has been below expectations. Despite expansions and modernization, MRPL has failed to deliver sustained healthy performance over the past few years.
The company has suffered at times due to inadequate availability of water during the summer season. However, with the operationalization of the desalination plant in late CY21, the problem seems to be largely taken care of. While we do not expect any performance disruptions due to inadequate water supply, it remains to be seen how MRPL fares given the volatile macro environment at present.
Our maximum target for MRPL’s share price in 2023 is INR 80. This is based on our assessment of the company’s potential for growth in the coming years. MRPL has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint and conserve natural resources. The company has also invested in the development of renewable energy sources such as wind and solar power. These initiatives are expected to drive growth and profitability for the company in the long run.
Our analysis suggests that MRPL’s share price target for 2024 is likely to be in the range of INR 70 to INR 90. This is based on our assessment of the company’s potential for growth in the coming years. MRPL has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint and conserve natural resources.
Based on our analysis, we believe that MRPL’s share price target for 2025 is likely to be in the range of INR 80 to INR 100. This is based on our assessment of the company’s potential for growth in the coming years. MRPL has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint and conserve natural resources.
The company has also invested in the development of renewable energy sources such as wind and solar power. These initiatives are expected to drive growth and profitability for the company in the long run. Additionally, the company’s focus on improving marketing margins in both domestic and export markets along with the B2B segment is expected to contribute to its growth in the coming years.
Based on our analysis, we believe that MRPL’s share price target for 2027 is likely to be in the range of INR 100 to INR 120. This is based on our assessment of the company’s potential for growth in the coming years. MRPL’s focus on sustainability and renewable energy sources is expected to drive growth and profitability for the company in the long run.
Additionally, the company’s initiatives to improve marketing margins in both domestic and export markets along with the B2B segment are expected to contribute to its growth in the coming years.
Our analysis suggests that MRPL’s share price target for 2030 is likely to be in the range of INR 120 to INR 150. This is based on our assessment of the company’s potential for growth in the coming years. MRPL’s focus on sustainability and renewable energy sources is expected to drive growth and profitability for the company in the long run.
Additionally, the company’s initiatives to improve marketing margins in both domestic and export markets along with the B2B segment are expected to contribute to its growth in the coming years.
Based on our analysis, we believe that MRPL’s share price target for 2050 is likely to be in the range of INR 250 to INR 300. This is based on our assessment of the company’s potential for growth in the coming years. MRPL’s focus on sustainability and renewable energy sources is expected to drive growth and profitability for the company in the long run.
Additionally, the company’s initiatives to improve marketing margins in both domestic and export markets along with the B2B segment are expected to contribute to its growth in the coming years. As the demand for energy continues to rise globally, MRPL’s position as a leading oil refining company in India is expected to benefit the company in the long run.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | 60 | 80 |
| 2024 | 70 | 90 |
| 2025 | 80 | 100 |
| 2026 | 90 | 110 |
| 2027 | 100 | 120 |
| 2030 | 120 | 150 |
| 2035 | 150 | 200 |
| 2040 | 200 | 250 |
| 2050 | 250 | 300 |
– According to Google historical data, the price of MRPL on 6 Ju1 2001 was ₹6.55.
– As of 27 July 2023, the current share price of MRPL is ₹82.30 Check out today’s current share price.
– Based on our analysis, the maximum share price target for MRPL in 2023 could be ₹80.
To stay updated with the latest information related to the stock market and receive live stock market updates, follow Sharedhan and stay connected with us.
I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “MRPL Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold MRPL stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
