MRPL (Mangalore Refinery and Petrochemicals Ltd) is a margin-sensitive stock meaning its stock prices fluctuate significantly depending on the movement in oil prices. Given this, at the moment, it is difficult to evaluate the outlook for the stock over the long-term.
As of June 2021, MRPL’s share price has risen substantially since the beginning of the year and is one of the highest-performing stocks in its sector.
Analysts suggest that MRPL’s performance in the coming quarters will be largely dependent on the company’s long-term strategies as there is currently an increase in demand for petroleum products. The company’s strategies also need to be aligned with the current market conditions and the expected dynamics in the sector.
Analysts suggest that the potential of refining capacity expansion and the development of a new refinery in Karnataka could lead to sustained demand for MRPL shares over the long-term.
Analysts recommend investors to do thorough research before completing a transaction and assess the risk and reward potential of the stock. Investment in any stock should be based on an investor’s financial capacity, risk appetite and investment objectives.
Therefore, investing in MRPL for the long-term may or may not be a good option for a particular investor depending on their individual risk profile.
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What is the future of MRPL share?
At this point it is difficult to predict the future of MRPL share precisely. While share prices are determined by a numerous factors, it is important to take into account the current trends and developments occurring in the industry.
At present, MRPL is in a favorable financial position and has a healthy balance sheet. They are gradually increasing their production capacities and have announced new projects that would help to increase their bottom line.
According to market analysts, the company is expected to continue growing in the future and given the current market dynamics, there is potential for price appreciation in the coming year.
On the other hand, volatile crude oil prices, global economic slowdowns and competition from other players in the industry could create headwinds that could limit the gains of MRPL shares in the near future.
Over a longer term, the company’s profitability and growth prospects will depend on the macroeconomic environment and other factors largely beyond their control.
Overall, it appears that MRPL shares have the potential for moderate growth in the coming year, but due to the uncertainty surrounding the oil and gas industry, any predictions should be taken with a grain of salt.
Why is MRPL stock falling?
The stock of Mangalore Refinery and Petrochemicals Limited (MRPL) has been falling over the past few weeks due to a combination of factors. First, international crude oil prices have fallen significantly over the past few weeks, which has had a negative impact on MRPL’s financials.
Furthermore, the rupee has weakened over the same period, further worsening the situation for MRPL. The company’s shares have also come under pressure due to poor earnings reports in the last two quarters.
Lastly, there have been reports of India’s public sector oil companies taking steps to increase their market share by setting higher prices for their products, which has had an adverse effect on MRPL’s ability to compete.
In summary, the declining crude oil prices, rupee depreciation, weak earnings reports and increasing competition are the primary factors behind the stock of MRPL falling in recent weeks.
Does MRPL give dividend?
Yes, Mangalore Refinery and Petrochemicals Limited (MRPL) does give dividends. MRPL follows a dividend policy and has been regularly paying dividends since its incorporation. At present, the company’s dividend policy says that it will pay a minimum dividend of 40% of the post-tax profit to its shareholders, subject to the availability of free reserves.
MRPL transfers 20% of its profits to reserves, leaving the remaining 80% available for payment of dividends to shareholders. The most recently declared dividend by MRPL was an interim dividend of 3. 5% or Rs 0.
70 per equity share on a face value of Rs. 20 per equity share.
Is MRPL a debt free company?
No, MRPL (Mangalore Refinery and Petrochemicals Limited) is not a debt-free company. Although MRPL has significantly reduced its debt over the past few years, it still has a substantial amount of outstanding debt on its balance sheet.
As of March 2019, the company’s total debt amounted to ₹17,062. 91 crore. Out of this, short-term debt (debt maturing within a period of one year or less) stood at ₹1,183. 12 crore, while its long-term debt (debt maturing beyond one year) was ₹15,879.
08 crore. It is worth noting that this long-term debt includes working capital borrowings. In contrast, MRPL’s total assets were valued at ₹41,556. 14 crore as of March 2019. Thus, the company’s debt to asset ratio stood at 40.
94%, which is fairly high. Nevertheless, MRPL has been consistently working towards reducing its debt. In the 2019 fiscal year, the company managed to reduce its total debt by ₹195. 56 crore from ₹17,258.
47 crore to ₹17,062. 91 crore.
Should MRPL shares sell?
Whether MRPL shares should be sold will depend on a variety of factors. It is important to consider your financial goals, the current conditions in the market, the outlook for the company, and your own risk tolerance when considering any form of investing.
MRPL is a leading global refiner and fuel supplier. It has recently become more competitive in the India market and has very strong cash position. The stock is considered fairly valued but is not very liquid.
As with any stock, MRPL shares should be held or sold based on a variety of factors. Consider the outlook for the industry and the company. If the outlook is positive, then it may make sense to hold onto the shares and wait to see how the company performs.
Look at the current market conditions. If the overall stock market is doing well, and MRPL’s stock is doing well, you may want to continue to hold onto the shares. However, if the overall market is performing poorly, you may want to consider selling some or all of your MRPL shares to limit your risk.
Finally, it is important to consider your own risk tolerance when deciding whether to sell or hold MRPL shares. If you are an aggressive investor, you may believe the risk is worth the reward and may be comfortable holding onto the stock for a longer period of time.
If you are a conservative investor, you may believe it is in your best interest to limit your risk and sell some or all of the stock.
In conclusion, it is important to do your own research and consider all of the factors before deciding whether or not to sell MRPL shares. So it is important to do what works best for your own financial goals and risk tolerance.
Is Mangalore Chemicals a good buy?
Mangalore Chemicals & Fertilisers Limited (MCF) is a public limited fertilizer manufacturing company based in Mangalore, Karnataka. It is the second largest manufacturer of ammonium sulphate fertilizer in India and the first to foray into urea production.
The company’s product portfolio comprises of straight and complex fertilizers (including Organic Manure), sulphuric acid, phosphoric acid, ammonium sulphate, and urea.
The company has a positive outlook for the future, with forecast growth of 7-10 per cent in the current fiscal driven by rising demand for its fertilizers. This is expected to result in increased cost savings as well as potential improvements in operational efficiency.
In addition, MCF has developed strong relationships with government authorities and suppliers, as well as diversified its product portfolio and diversified its customer base to include not just agricultural consumers, but also industrial and commercial customers.
Given the company’s long term plans and its potential for growth in the near future, Mangalore Chemicals & Fertilisers Limited appears to be a good buy. Its wide portfolio of products, strong relationships, and improved operational efficiency make it an attractive option in terms of long-term capital growth.
Can I buy MRPL shares?
Yes, you can buy MRPL shares. Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of ONGC and is a listed company, approved for trading by the NSE and BSE. Direct investments in stocks of MRPL can be made through your trading account, which you can open with a broker or a trading platform.
You can also buy mutual fund units who invest in MRPL and hold them. You can even invest in NFOs (New Fund Offers) of equity mutual funds that may invest in MRPL stocks. Moreover, you can invest in initial public offerings (IPOs) made by MRPL when it happens.
Is it good to invest in debt free company?
Yes, investing in a debt free company is a good idea as it carries lower risk than other comparable investments. A company that is debt free has fewer liabilities and therefore less risk of defaulting on its loan payments.
This can result in higher returns over time if the company is able to reinvest its income without taking on additional debt. In addition, a debt free company usually has strong financial statements and a healthy balance sheet, making it attractive to potential investors.
Additionally, a debt free company has a lower degree of leverage, meaning that the company is unlikely to be affected much by external economic pressures. All these factors make a debt free company a great investment opportunity.
What big companies are debt free?
These debt-free companies include Microsoft, Google, Apple, Amazon, Berkshire Hathaway, and Costco.
Microsoft has recently announced it is planning to become debt-free by 2024. It has long been a leader in the tech world and, with this goal in mind, plans to stay that way.
Google has enjoyed a mostly debt-free existence since its inception. The search engine giant has grown to become one of the world’s wealthiest companies, but consistently pays its way with cash reserves instead of relying on debt.
Apple is another tech giant that has rarely taken on debt in order to finance its operations. The Cupertino-based company has been able to successfully grow without taking on debt and its market cap continues to soar.
Amazon has also been debt-free for many years. The company has grown and become one of the largest companies in the world without needing to borrow.
Berkshire Hathaway, the conglomerate led by Warren Buffett, is well known for its aversion to debt and its focus on cash-generating investments. Buffett is well known for his investing acumen and having no debt is one of the reasons why.
Costco is probably one of the most unlikely companies on this list. The wholesale giant has weathered the pandemic and is free of debt. It has consistently managed a sound balance sheet and practices sound financial policies.
Who is the promoter of MRPL?
The Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of the Oil and Natural Gas Corporation (ONGC), and is the current promoter and majority shareholder of the company. MRPL is one of the leading and most efficient refineries in India and was incorporated in 1988, with its headquarters in Mangalore, Karnataka.
The company is engaged in refining, petroleum product marketing, petrochemicals and manufacutring lubricants. MRPL has installed capacity to process 15 million metric tons of crude oil per annum, and is currently operating four linear alkylbenzene plants, with a total capacity of 1 million metric tons per annum.
MRPL has an extensive retail network of more than 1,200 gas stations all over India. The company also markets several lube brands and petrochemicals.
Who owns MRPL company?
MRPL (Mangalore Refinery and Petrochemicals Limited) is an oil refinery owned and operated by the ONGC Group. The ONGC Group is India’s largest public sector enterprise and is owned by the Government of India.
MRPL was established in 1988 and is located in Mangalore, Karnataka. It is the first coastal refinery in India and is designed to refine the most complex variety of crude oil and offers many process streams including Furnace Oil, Light Diesel Oil, High Speed Diesel, Naphtha, Liquid Petroleum Gas, Pet Coke, Sulphur, and various grades of Petrol and Petrochemical feedstock.
The crude oil is sourced from across the world to meet the demand of MRPL’s customers.
Is OMPL merged with MRPL?
No, OMPL (Oil and Natural Gas Corporation Limited) is not merged with MRPL (Mangalore Refinery and Petrochemicals Limited). OMPL is an Indian government-owned oil and gas exploration, production, and refining company, while MRPL is an oil refining and petrochemicals company that is owned by the Oil and Natural Gas Corporation Limited.
OMPL and MRPL have a strong collaborative relationship, but they are distinct and separate entities. The OMPL-MRPL tie-up is essentially a technology and product sharing partnership, with OMPL supplying oil to MRPL and vice-versa, with the ultimate goals of expanding their production capacity, efficiency, and product quality.
Is ONGC and MRPL same?
No, ONGC and MRPL are not the same. ONGC (Oil and Natural Gas Corporation) is an Indian multinational oil and gas company and the largest producer of crude oil and natural gas in India with a market capitalisation of ₹110,586 billion.
It is also the second-largest publicly traded company in India after Reliance Industries. MRPL (Mangalore Refinery and Petrochemicals Ltd) is an Indian oil refining and petrochemical company located in Mangalore, Karnataka.
It is a subsidiary of ONGC, with a 57. 26% stake, and is the only state-owned Indian refiner located on the west coast. It is one of the largest refineries in India, with an installed capacity of 15 MMTPA.
Is MRPL a PSU?
No, Mangalore Refinery and Petrochemicals Limited (MRPL) is not a Public Sector Undertaking (PSU). It is a Schedule B – Miniratna Category I, a ‘Public Limited’ Company under the Companies Act, 1956.
It is majority owned by Oil and Natural Gas Corporation Limited (ONGC), India’s largest energy conglomerate with 62. 945% of the equity. The Government of India currently holds a 31. 847% equity stake in MRPL.
MRPL is engaged in refining of crude oil and marketing of petroleum products.
