Mangalore Refinery And Petrochemicals fell 1.32% to Rs 101.30 at 9:57 IST on BSE despite reporting 23.9% rise in net profit to Rs 225.34 crore on 40.7% increase in net sales to Rs 9465.13 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 102.65 and a low of Rs 99.55 so far during the day. The stock had a 52-week high of Rs 149 on
The company’s current equity is Rs 1752.90 crore. Face value per share is Rs 10.
The current price of Rs 101.30 discounts its Q4 March 2008 annualised EPS of Rs 5.14, by a PE multiple of 19.71.
Mangalore Refinery And Petrochemicals (MRPL)’s net profit surged 142.09% to Rs 1272.23 crore on 14.89% rise in total income to Rs 32786.69 crore in the year ended March 2008 (FY 2008) over the year ended March 2008 (FY 2008).
In February 2008, MRPL entered into an agreement with Shell Aviation to form a joint venture company for marketing aviation fuel in
MRPL is engaged in manufacturing and marketing petroleum products, which include refineries and petrochemicals.
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