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Mangalore Refinery and Petrochemicals swings to Q3 loss due to windfall tax

MRPL swung to a third-quarter loss from a year-ago profit on Monday, hurt by the government's windfall tax on some fuel exports and a surge in the cost of materials consumed

Mangalore Refinery and Petrochemicals swings to Q3 loss due to windfall tax
Updated On : 30 Jan 2023 | 11:22 PM IST

Here's why Mehul Kothari recommends to buy ABB, MRPL

According to the technical analyst from Anand Rathi, ABB can advance to Rs 2,880; while MRPL can jump to Rs 57.

Here's why Mehul Kothari recommends to buy ABB, MRPL
Updated On : 27 Dec 2022 | 8:32 AM IST

MRPL net profit zooms to Rs 2,707 cr in Q1 on bumper refining margins

Mangalore Refinery and Petrochemicals Ltd (MRPL) net profit zoomed to Rs 2,707 crore in the first quarter of the current fiscal on the back of record refining margins.

MRPL net profit zooms to Rs 2,707 cr in Q1 on bumper refining margins
Updated On : 29 Jul 2022 | 4:21 PM IST

MRPL, Chennai Petro soar up to 8% as crude oil prices rebound

MRPL, Chennai Petroleum and Hindustan Oil Exploration soared around 8 per cent each. Oil explorers - Oil India and ONGC also logged smart gains in an otherwise weak market.

MRPL, Chennai Petro soar up to 8% as crude oil prices rebound
Updated On : 28 Jun 2022 | 10:48 AM IST

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%

Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy.

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%
Updated On : 20 Jun 2022 | 10:11 AM IST

Tree House Education, Ansal Housing, MRPL: Strategies for buzzing stocks

Is there more steam left in these counters, or is it time to take money off the table? Here's what technical charts suggest.

Tree House Education, Ansal Housing, MRPL: Strategies for buzzing stocks
Updated On : 09 Jun 2022 | 11:45 AM IST

MRPL hits highest level since Oct 2018; stock more-than-doubles in 2 months

Higher GRMs are likely to benefit from favourable global refining scenario and the MRPL is expected to report healthy earnings in near term, analysts said

MRPL hits highest level since Oct 2018; stock more-than-doubles in 2 months
Updated On : 08 Jun 2022 | 9:56 AM IST

MRPL, Chennai Petroleum soar up to 19% on strong business outlook

The rise in the Singapore gross refining margin (GRM) to a record high of $25.2 a barrel bodes well for Indian refiners as they process raw crude into refined products.

MRPL, Chennai Petroleum soar up to 19% on strong business outlook
Updated On : 07 Jun 2022 | 10:49 AM IST

MRPL hits highest level since Oct 2018, rallies 34% in four trading days

For Q4FY22, MRPL reported standalone net profit of Rs 3,008 crore as against profit of Rs 268 crore in Q4FY21.

MRPL hits highest level since Oct 2018, rallies 34% in four trading days
Updated On : 18 May 2022 | 11:38 AM IST

Stocks to Watch: CoForge, MRPL, Petronet, JSW Ispat, PNB, Birla Corp, PSBs

Stocks to Watch Today: Aditya Birla Capital, Apollo Tyres, GSPL, HCC, L&T, RBL Bank, Siemens and Tata Motors ahead of Q4 earnings; Prudent Corporate Advisory Services IPO to close on Thursday.

Stocks to Watch: CoForge, MRPL, Petronet, JSW Ispat, PNB, Birla Corp, PSBs
Updated On : 12 May 2022 | 7:53 AM IST

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains

These 5 PSU stocks can jump as much as 25 per cent from the current levels, provided the overall market momentum stays strong

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains
Updated On : 04 May 2022 | 12:01 PM IST

Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa

Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday

Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa
Updated On : 21 Apr 2022 | 8:09 AM IST

MRPL surges 13% on heavy volumes; stock zooms 58% in April

The stock hit over three-year high of Rs 65.45, after rallying 13% on the BSE in Wednesday's trade, on the back of heavy volumes.

MRPL surges 13% on heavy volumes; stock zooms 58% in April
Updated On : 20 Apr 2022 | 11:44 AM IST

After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl

Western sanctions on Russia over its invasion of Ukraine has prompted many companies and countries to shun its oil. This has led to Russian crude being available in the market at deep discounts

After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl
Updated On : 17 Mar 2022 | 4:48 PM IST

MRPL third quarter profit rises to Rs 969 crore

The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21.

MRPL third quarter profit rises to Rs 969 crore
Updated On : 30 Jan 2022 | 5:57 PM IST

ONGC chairman says will look at HPCL and MRPL merger after June 2021

ONGC is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals, post-June 2021, its chairman Shashi Shanker said

ONGC chairman says will look at HPCL and MRPL merger after June 2021
Updated On : 09 Oct 2020 | 7:55 PM IST

MRPL shareholders approve fund raising of up to Rs 5,000 cr via debentures

Shares of the company closed at Rs 28.85 a unit on BSE, down by 0.86 per cent

MRPL shareholders approve fund raising of up to Rs 5,000 cr via debentures
Updated On : 19 Sep 2020 | 12:08 AM IST

India's MRPL buys first cargo of US Thunder Horse crude oil: Report

The deal comes as Indian refiners ramp up purchases of U.S. oil to compensate for the loss of Iranian oil supplies

India's MRPL buys first cargo of US Thunder Horse crude oil: Report
Updated On : 05 Jul 2019 | 10:04 AM IST

MRPL makes its first US oil purchase; 1 mn-barrel cargo to arrive in Feb

Delivery to take place between February 1 and 10

MRPL makes its first US oil purchase; 1 mn-barrel cargo to arrive in Feb
Updated On : 01 Dec 2017 | 2:35 PM IST

MRPL to shut 96,000 bpd crude unit for 25 days in Sept-Oct

MRPL aims to expand refinery capacity to 500,000 barrels per bpd from 300,000 bpd

MRPL to shut 96,000 bpd crude unit for 25 days in Sept-Oct
Updated On : 17 May 2017 | 7:51 PM IST