FrontPage is India's Stock Market Social Network
Join 3,00,000+ Traders and Investors
MRPL Price Target Potential
| Brokerage | Target | Potential |
|---|---|---|
| Motilal Oswal | 48 | -16.77% |
MRPL Ratings
Long term MRPL rating by FrontPage users
- ★★
- ★★
- ★★
- ★★
- ★★
NaN/5 ( Ratings)
MRPL share price target reports by brokerages below. See what is analyst's view on MRPL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
- Home
- MRPL Forum
- MRPL Price Target
MRPL Share Price Target
MRPL Share Price Target - Broker Reports - 2022
Motilal Oswal
Price @ Call: 42
25-Mar-22
Target: 48
NEUTRAL
MRPL Share Price Target - Broker Reports - 2021
Kotak Securities
Price @ Call: 34.57
3-Feb-21
Target: 36
ADD
MRPL Share Price Target - Broker Reports - 2020
Kotak Securities
Price @ Call: 32.61
11-Jun-20
Target: 40
BUY
MRPL Share Price Target - Broker Reports - 2019
Motilal Oswal
Price @ Call: 47.2
5-Dec-19
Target: 49
NEUTRAL
Given subdued global oil demand and incremental capacity addition, GRMs will likely remain suppressed for a few more months. Originally,it was expected that the INR 150 bphase-III expansion would generate ~USD8/ bbl of GRM when SG GRM is at USD6/bbl. However, MRPL’s GRM has not always been good on a sustainable basis – at times it has been hit by water woes and at times by technical issues. Factoring in the GRM weakness, were vise down our FY20/21 GRM estimate to USD1.7/5.0/bbl from USD2.7/5.3/bbl. Additionally, we forecast a GRM of USD5.5/bbl and utilization of 113% in FY22. MRPL trades at 6.0x FY22E EPS of INR7.7 with an RoE of 12.5%. Valuing the stock at 5x EV/EBITDA, we assign INR53 to the standalone business. Subtracting the valuation of OMPL (INR4/share loss), we arrive at a TP of INR49 for MRPL (from earlier INR59/share). Maintain Neutral.
Kotak Securities
Price @ Call: 52.05
4-Oct-19
Target: 55
ADD
Kotak Securities
Price @ Call: 63.65
15-May-19
Target: 70
ADD
Kotak Securities
Price @ Call: 64.12
26-Feb-19
Target: 75
BUY
We have revised our earnings lower to reflect weak GRMs, rupee appreciation and inventory losses. However, lower operating cost, and lower working capital requirement resulting in lower interest cost which will partly mitigate the negative impact. Hence, we now expect MRPL to report an EPS of Rs.-1.6/share in FY19E (earlier Rs.-0.7) and an EPS of Rs.9.4/share in FY20E (earlier Rs.10). At current price, the stock is trading at 6.8x P/E and 0.9x P/B multiples on FY20E earnings. We maintain BUY on MRPL with a revised price target of Rs.75 (earlier Rs.92), valuing it at 5.5x FY20E EV/EBIDTA. Going ahead, we expect MRPL’s profitability to improve on account of i). Improved product mix, ii). Better refining margins iii). Economies of scale, iv). Forward integration - Polypropylene plant and v). Various tax benefits.
Kotak Securities
Price @ Call: 65.35
11-Feb-19
Target: 81
BUY
ICICIdirect.com
Price @ Call: 66.35
8-Feb-19
Target: 75
BUY
Motilal Oswal
Price @ Call: 66.35
8-Feb-19
Target: 77
BUY
Motilal Oswal
Price @ Call: 68.75
22-Jan-19
Target: 86
BUY
Kotak Securities
Price @ Call: 71.95
8-Jan-19
Target: 92
BUY
MRPL Share Price Target - Broker Reports - 2018
Motilal Oswal
Price @ Call: 84.64
14-Nov-18
Target: 87
NEUTRAL
ICICIdirect.com
Price @ Call: 80.88
14-Aug-18
Target: 95
BUY
Kotak Securities
Price @ Call: 83.45
13-Aug-18
Target: 106
BUY
Motilal Oswal
Price @ Call: 82.3
13-Aug-18
Target: 88
NEUTRAL
Motilal Oswal
Price @ Call: 84.69
3-Aug-18
Target: 88
NEUTRAL
Indiabulls Ventures
Price @ Call: 82.5
2-Aug-18
Target: 98
BUY
ICICIdirect.com
Price @ Call: 105.02
18-May-18
Target: 130
BUY
Kotak Securities
Price @ Call: 105.6
17-May-18
Target: 132
BUY
Motilal Oswal
Price @ Call: 105.9
16-May-18
Target: 120
NEUTRAL
Kotak Securities
Price @ Call: 117.35
5-Feb-18
Target: 140
BUY
MRPL Share Price Target - Broker Reports - 2017
Kotak Securities
Price @ Call: 122.15
15-Nov-17
Target: 138
BUY
Motilal Oswal
Price @ Call: 122.15
15-Nov-17
Target: 110
SELL
Kotak Securities
Price @ Call: 122
29-Sep-17
Target: 155
BUY
Kotak Securities
Price @ Call: 134.95
15-Sep-17
Target: 155
BUY
Motilal Oswal
Price @ Call: 127
21-Jul-17
Target: 113
REDUCE
ICICIdirect.com
Price @ Call: 122
24-Jul-17
Target: 150
BUY
ICICIdirect.com
Price @ Call: 136
19-May-17
Target: 150
BUY
ICICIdirect.com
Price @ Call: 112
8-Feb-17
Target: 122
HOLD
MRPL Share Price Target - Broker Reports - 2016
ICICIdirect.com
Price @ Call: 88
9-Nov-16
Target: 110
BUY
ICICIdirect.com
Price @ Call: 92
20-Oct-16
Target: 110
BUY
Motilal Oswal
Price @ Call: 84
6-Sep-16
Target: 98
BUY
KRChoksey
Price @ Call: 82
8-Sep-16
Target: 98.6
BUY
ICICIdirect.com
Price @ Call: 83
7-Sep-16
Target: 105
BUY
Centrum
Price @ Call: 82.55
7-Sep-16
Target: 97
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.