MRPL Share Price Target: In this article, you will read about MRPL Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about MRPL, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
MRPL Overview :
Mangalore Refinery and Petrochemicals Limited is an Oil and Natural Gas Corporation. MRPL is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India. MRPL is founded in the year 1988. Its headquarters are located at Katipalla, north from the Centre of Mangalore. MRPL is also located in Karnataka, India. From the below table you can checkout their official website.
| Name | Mangalore Refinery and Petrochemicals Limited (MRPL) |
|---|---|
| Symbol | MRPL |
| Industry | Oil and Gas |
| Type | Public |
| Founded | 1988 |
| CEO | M. Venkatesh |
| Headquarters | Mangalore, India |
| Services | Refining and Petrochemicals |
| Country | India |
| Locations | Mangalore, Karnataka, India |
| Website | mrpl.co.in |
| Profile | Mangalore_Refinery |
Shareholding Pattern of MRPL:
- Promoters. 88.58%
- Retail And Others. 7.30%
- Foreign Institutions. 2.55%
- Mutual Funds. 1.33%
- Other Domestic Institutions. 0.24%
Fundamentals of MRPL:
The market cap of MRPL is 352.01B. The number of shares outstanding is 1.75B. And Earnings per share is ₹24.94. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 352.01B |
| Enterprise value | ₹496,320,872,448.00 |
| Shares outstanding | 1.75B |
| P/E ratio | 8.05 |
| Forward P/E ratio | 12.32 |
| Price / Book | 2.95 |
| Book value | ₹68.07 |
| Payout ratio | 0.00% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | 119.08 |
| Price / Sales | 0.39 |
| Earnings per share | ₹24.94 |
| Revenue per share | ₹516.69 |
| Total cash per share | ₹0.21 |
| Forward annual dividend rate | ₹1.00 |
| Ex-Dividend date | February 2, 2024 |
| Forward annual dividend yield | 0.49% |
| Five Year Avg Dividend Yield | 1.93 |
| Total cash | 374.30M |
| Total debt | 142.07B |
| Total revenue | 904.81B |
| Return on assets | – |
| Return on equity | – |
| Gross profit | – |
| Gross margin | 12.26% |
| % Held by insiders | 89.57% |
| % Held by Institutions | 2.13% |
MRPL Share Price NSE/BSE:
MRPL Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
MRPL shares on NSE are trading at around 201.50 INR, each as of January 2024. MRPL shares on BSE are currently trading at 200.60 INR.
Mangalore Refinery & Petrochemicals Ltd. Stock details:
| BSE Script Code | 500109 |
| Face Value | 10 |
| Symbol | MRPL |
| BSE Script ID | MRPL |
| ISIN Number | INE103A01014 |
| Industry | Refineries & Marketing |
| Series | EQ |
| 52 Week High | ₹137.70 (Jan 05, 2024) |
| 52 Week Low | ₹49.25 (Feb 28, 2023) |
MRPL Share Price History:
| Year | Mangalore Refinery & Petrochemicals | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1993 | ₹27.00 | – | ↑ ₹28.00↓ ₹24.00 |
| 1994 | ₹56.00 | 107.4% | ↑ ₹70.00↓ ₹28.75 |
| 1995 | ₹29.00 | -48.3% | ↑ ₹50.50↓ ₹26.75 |
| 1996 | ₹20.60 | -29% | ↑ ₹35.00↓ ₹16.00 |
| 1997 | ₹19.85 | -3.7% | ↑ ₹28.00↓ ₹15.50 |
| 1998 | ₹12.90 | -35.1% | ↑ ₹24.75↓ ₹11.60 |
| 1999 | ₹16.70 | 29.4% | ↑ ₹28.80↓ ₹8.70 |
| 2000 | ₹8.80 | -47.4% | ↑ ₹19.30↓ ₹7.00 |
| 2001 | ₹6.80 | -22.8% | ↑ ₹10.50↓ ₹4.70 |
| 2002 | ₹7.05 | 3.6% | ↑ ₹12.75↓ ₹6.00 |
| 2003 | ₹51.05 | 624.1% | ↑ ₹53.20↓ ₹6.85 |
| 2004 | ₹54.30 | 6.3% | ↑ ₹69.20↓ ₹32.20 |
| 2005 | ₹47.00 | -13.5% | ↑ ₹59.00↓ ₹42.50 |
| 2006 | ₹40.80 | -13.2% | ↑ ₹63.50↓ ₹30.00 |
| 2007 | ₹136.15 | 233.7% | ↑ ₹148↓ ₹32.00 |
| 2008 | ₹41.15 | -69.8% | ↑ ₹149↓ ₹30.00 |
| 2009 | ₹77.95 | 89.4% | ↑ ₹102↓ ₹35.00 |
| 2010 | ₹73.35 | -6% | ↑ ₹91.00↓ ₹64.25 |
| 2011 | ₹51.65 | -29.6% | ↑ ₹84.75↓ ₹50.00 |
| 2012 | ₹60.90 | 17.9% | ↑ ₹74.75↓ ₹49.55 |
| 2013 | ₹42.30 | -30.6% | ↑ ₹69.50↓ ₹26.45 |
| 2014 | ₹47.20 | 11.5% | ↑ ₹80.65↓ ₹38.05 |
| 2015 | ₹67.95 | 43.9% | ↑ ₹82.90↓ ₹45.90 |
| 2016 | ₹97.85 | 44% | ↑ ₹105↓ ₹51.75 |
| 2017 | ₹128.50 | 31.3% | ↑ ₹146↓ ₹97.20 |
| 2018 | ₹75.75 | -41.1% | ↑ ₹136↓ ₹61.25 |
| 2019 | ₹44.80 | -40.9% | ↑ ₹76.10↓ ₹40.00 |
| 2020 | ₹35.45 | -20.9% | ↑ ₹49.20↓ ₹21.25 |
| 2021 | ₹43.15 | 21.7% | ↑ ₹57.75↓ ₹33.85 |
| 2022 | ₹56.10 | 30% | ↑ ₹127↓ ₹37.10 |
| 2023 | ₹133.15 | 137.3% | ↑ ₹136↓ ₹49.25 |
MRPL Expected Share Price Target:
| Year | Share Price Target (Minimum) | Share Price Target (Maximum) |
|---|---|---|
| 2024 | ₹200 | ₹300 |
| 2025 | ₹290 | ₹420 |
| 2026 | ₹410 | ₹540 |
| 2027 | ₹530 | ₹650 |
| 2030 | ₹1000 | ₹1200 |
| 2035 | ₹2000 | ₹2400 |
Also Consider Reading: Delhivery Share Price Target.
MRPL Share Price Target 2024:
On the analysis we will get to know the MRPL share price target by 2024, the minimum price range of 200, and the maximum share price of 300. This range of amounts is based on the strategies of the company.
MRPL Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 200 | 300 |
MRPL Share Price Target 2025:
The expected minimum range of MRPL share price target in 2025 is 290, and the maximum share price target is 420.
MRPL Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 290 | 420 |
MRPL Share Price Target 2027:
The expected minimum range of MRPL share price target in 2027 is 530, and the maximum share price target is 650.
MRPL Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 530 | 650 |
MRPL Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for MRPL shares is 1000, and the maximum price range is 1200.
MRPL Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 1000 | 1200 |
MRPL Share Price Target 2035:
By the year 2035, the expected minimum range of MRPL share price is 2000, and the maximum price range is 2400.
MRPL Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 2000 | 2400 |
Conclusion:
I hope you got clarity on the MRPL Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ
1. What is the MRPL Share Price Target for 2024?
A: The expected price target for MRPL in 2024 is 200 to 300 per share.
2. What is the MRPL Share Price Target for 2025?
A: The expected price target for MRPL in 2025 is 290 to 420 per share.
3. What is the MRPL Share Price Target for 2027?
A: The expected price target for MRPL in 2027 is 530 to 650 per share.
4. What is the MRPL Share Price Target for 2030?
A: The expected price target for MRPL in 2030 is 1000 to 1200 per share.
5. What is the MRPL Share Price Target for 2035?
A: The expected price target for MRPL in 2035 is 2000 to 2400 per share.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for MRPL is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
