The Mangaluru-based oil refiner posted a profit after tax (PAT) of Rs 638.67 crore in the second quarter of FY26, compared to a loss of Rs 682.32 crore in the same period last year.
Domestic brokerage firm SMIFS has suggested three stocks- Reliance Industries, Engineers India and Mangalore Refinery and Petrochemicals- to bet amid the scarce opportunities.
Ashika Global said that NTPC has found support at the 38.2 per cent retracement level of its entire rally from March 2020, indicating a potential bottoming out around the Rs 300 mark.
MRPL share price: The stock soared 20 per cent to hit a one-year high (upper price band) of Rs 160.95. The multibagger scrip has gained 173.26 per cent in a year.
Hot stocks today: Benchmark indices were trading lower in early deals today. HPL Electric, Suzlon Energy, Brightcom Group, MRPL among hot stocks today, July 5, 2023.
Top stocks of the week: Domestic equity slipped for 2nd straight day on Friday. BSE Sensex dropped 0.41% to settle at 62,979.37, while Nifty50 tumbled 0.56% to end the week at 18,665.50. Shriram Finance, Aether Industries, Adani Enterprises, Vijaya Diagnostic among top stocks this week.