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Q.

Why MRPL has very good scope ?

About: Company: Mangalore Refinery And Petrochemicals Ltd.

Asked by Vinesh Kumar, 30 Jul '08 01:58 pm
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Answers (6)

1.

Because MRPL producing bio fuel and they posted 129% of profit. Even they are expanding their facilities 4 times more that that what they have now
Answered by Shri Nivas, 30 Jul '08 02:16 pm

 
  
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2.

ONGC clears MRPL upgradation project
Our Bureau
Aim is to enhance refinery capacity to 25 mt
________________________________________
High value products
The project envisages production of high value products such as propylene, Euro-III/Euro IV compliant gasolene and diesel.
________________________________________
New Delhi , March 4
The ONGC board has approved a capital expenditure of Rs 8,000 crore for the upgradation of Mangalore Refinery & Petrochemicals Ltd (MRPL).
The board, which met on Friday, cleared the integrated refinery upgradation project for its subsidiary MRPL. The capacity of refinery will be enhanced from the present 9.69 million metric tonnes per annum (mmtpa) to 25 mmtpa, a company statement said.
The project is expected to be completed in three-and-a half years making MRPL one of the largest PSU refinery investments at a single location in the country, the statement said.
The project, on commissioning, will significantly enhance value addit ...more
Answered by NAGARAJ, 11 Aug '08 01:24 pm

 
  
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3.

Because it is extending its manufacturing capacity and now they are started producing bio fuel which reduces our dependency on other nations and our econoomy also stabilise. its 2 month target is 280
Answered by Rakesh Shah, 31 Jul '08 10:22 am

 
  
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4.

Main thing is its share vlaue is very less according to its projects its share value should be atleast 250-350 but even though as per analists its price will go above 280 level and for 2 years it has a target price of 2000-2500
Answered by sheru, 30 Jul '08 02:56 pm

 
  
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5.

It has very big capacity near to port and has very good infrastructure
Answered by ashol, 08 Aug '08 01:19 pm

 
  
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6.

Who saying so? after some time within one year you can buy it abt at 35 only or below , amms_amms@rediffmail.com
Answered by amms, 30 Jul '08 03:12 pm

 
  
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