Sell Mangalore Refinery And Petrochemicals, target price Rs 130: Prabhudas Lilladher

Prabhudas Lilladher has sell call on Mangalore Refinery And Petrochemicals with a target price of Rs 130. The current market price of Mangalore Refinery And Petrochemicals Ltd. is Rs 208.65.

Mangalore Refinery And Petrochemicals Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 36094.77 Crore) operating in Gas & Petroleum sector.

Mangalore Refinery And Petrochemicals Ltd. key Products/Revenue Segments include Petroleum Products, Scrap, Oil Crude, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2023.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 23291.75 Crore, down -8.18 % from last quarter Total Income of Rs 25367.94 Crore and up 9.74 % from last year same quarter Total Income of Rs 21224.90 Crore. Company reported net profit after tax of Rs 65.57 Crore in latest quarter.