MRPL shares surge 18%, monthly gain crosses 60% so far in Feb
MRPL reported net profit of Rs310 crore in Q3 versus Rs180 crore estimated against a loss of Rs200 crore YoY and Rs1050 crore QoQ.
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MRPL reported net profit of Rs310 crore in Q3 versus Rs180 crore estimated against a loss of Rs200 crore YoY and Rs1050 crore QoQ.
A foreign entity was the seller and the stake was bought by a clutch of foreign and domestic institutional buyers, CNBC-tV18 reported citing sources.
With a Goldilocks outlook and the expectation of OMC multiples returning to past peaks, BPCL offers the greatest margin of safety. It upgraded BPCL to Buy and increased its target price to Rs 890 a share.
Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.
Auto and healthcare indices were up a percent each, while the power index was down 0.3 percent in the afternoon trade