MRPL

MRPL is a public sector oil refining company and a subsidiary of Oil and Natural Gas Corporation. ONGC holds about 71.6% stake in the company. The company operates a large refinery in Mangalore, Karnataka, producing: Petrol Diesel LPG Aviation fuel Petrochemical products Its performance is highly dependent on global crude oil prices and refining margins (GRM). Financial Performance Recent performance has improved significantly: Net profit (Dec 2025 quarter): ₹1,451 Cr Revenue: ₹24,712 Cr EBITDA margin: 11.3% Profit increased over 131% quarter-on-quarter, indicating strong operational improvement. Trend: Short-term bullish Important levels: Support Zones ₹175 ₹160 Resistance Zones ₹210 ₹230 Breakout above ₹210–₹215 may trigger further momentum.