FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

MRPL Consensus Forecast

No. of reports in last year
3
No. of analysts
2
Average Consensus Forecast
48
Consensus Potential
41.92%

MRPL Price Target Potential

BrokerageTargetPotential
Kotak Securities4031.50%
Motilal Oswal4944.08%

MRPL Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for MRPL
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

MRPL Ratings

Long term MRPL rating by FrontPage users
3.5/5 (2 Ratings)

3 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.
  1. Home
  2. MRPL Forum
  3. MRPL Price Target

MRPL Share Price Target

MRPL Share Price Target - Broker Reports - 2020

11-Jun-20
Price @ Call: 32.61
Target: 40
BUY

MRPL Share Price Target - Broker Reports - 2019

5-Dec-19
Price @ Call: 47.2
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.
... Read more
4-Oct-19
Price @ Call: 52.05
Target: 55
ADD
15-May-19
Price @ Call: 63.65
Target: 70
ADD
26-Feb-19
Price @ Call: 64.12
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.
... Read more
11-Feb-19
Price @ Call: 65.35
Target: 81
BUY
8-Feb-19
Price @ Call: 66.35
Target: 75
BUY
8-Feb-19
Price @ Call: 66.35
Target: 77
BUY
22-Jan-19
Price @ Call: 68.75
Target: 86
BUY
8-Jan-19
Price @ Call: 71.95
Target: 92
BUY

MRPL Share Price Target - Broker Reports - 2018

14-Nov-18
Price @ Call: 84.64
Target: 87
NEUTRAL
14-Aug-18
Price @ Call: 80.88
Target: 95
BUY
13-Aug-18
Price @ Call: 83.45
Target: 106
BUY
13-Aug-18
Price @ Call: 82.3
Target: 88
NEUTRAL
3-Aug-18
Price @ Call: 84.69
Target: 88
NEUTRAL
2-Aug-18
Price @ Call: 82.5
Target: 98
BUY
18-May-18
Price @ Call: 105.02
Target: 130
BUY
17-May-18
Price @ Call: 105.6
Target: 132
BUY
16-May-18
Price @ Call: 105.9
Target: 120
NEUTRAL
5-Feb-18
Price @ Call: 117.35
Target: 140
BUY

MRPL Share Price Target - Broker Reports - 2017

15-Nov-17
Price @ Call: 122.15
Target: 138
BUY
15-Nov-17
Price @ Call: 122.15
Target: 110
SELL
29-Sep-17
Price @ Call: 122
Target: 155
BUY
15-Sep-17
Price @ Call: 134.95
Target: 155
BUY
21-Jul-17
Price @ Call: 127
Target: 113
REDUCE
24-Jul-17
Price @ Call: 122
Target: 150
BUY
19-May-17
Price @ Call: 136
Target: 150
BUY
8-Feb-17
Price @ Call: 112
Target: 122
HOLD

MRPL Share Price Target - Broker Reports - 2016

9-Nov-16
Price @ Call: 88
Target: 110
BUY
20-Oct-16
Price @ Call: 92
Target: 110
BUY
6-Sep-16
Price @ Call: 84
Target: 98
BUY
8-Sep-16
Price @ Call: 82
Target: 98.6
BUY
7-Sep-16
Price @ Call: 83
Target: 105
BUY
7-Sep-16
Price @ Call: 82.55
Target: 97
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • MRPL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 328.7
    Upside Target 228.35
    Upside Target 127.9
    Pivot27.55
    Downside Target 127.1
    Downside Target 226.75
    Downside Target 326.3
  • MRPL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 332.05
    Upside Target 231.35
    Upside Target 130.1
    Pivot29.4
    Downside Target 128.15
    Downside Target 227.45
    Downside Target 326.2
  • MRPL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 341.77
    Upside Target 239.73
    Upside Target 135.82
    Pivot33.78
    Downside Target 129.87
    Downside Target 227.83
    Downside Target 323.92
  • MRPL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 328.35
    Upside Target 228.04
    Upside Target 127.86
    Pivot27.55
    Downside Target 127.24
    Downside Target 227.06
    Downside Target 326.75
  • MRPL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 331.35
    Upside Target 230.61
    Upside Target 130.14
    Pivot29.4
    Downside Target 128.66
    Downside Target 228.19
    Downside Target 327.45
  • MRPL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 339.73
    Upside Target 237.46
    Upside Target 136.06
    Pivot33.78
    Downside Target 131.51
    Downside Target 230.11
    Downside Target 327.83
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.
PrivacyTerms
FrontPage © 2020