
boldy
Last visited by:
imuwithash, BushWithMush, balaji_s_india, tally, cooldude, madhanu, najar_123, kush55, yogi27, kalu12345, rlmathur, bharot1, guest9, maadhu, Budsy,
Worked for a MNC for 23 yrs in their various functions, worked with a Co-operative Institution.Currently self employed and a social worker
Investor in stocks from 1994
Investor in stocks from 1994
Also see boldy’s rated messages
18 Dec 2008 13:38
View full thread (9 messages)
Tracked by: 0 Boarder
I cannot understand this logic, when the price of crude was a all time high of 100 dollar plus a barrel then the comment was that with high crude prices prevailing MRPL will find it difficult to sustain its profit margins due to low volume for refining hence low GRMs, but now you can see comments like above that the profit margins are based on the crude prices prevailing ,hence margins constriction and loss to MRPL, all these are vested interest party ploy to pull down the scrip heavily , MRPL is in a good position now and running full capacity and will see a major expansion in its plan to go into retailing of petrol, diesel & AVT fuel , which is likely to be cleared by the ministry very soon. The scrip could see a target price of Rs.60 plus in the near term....
boldy’s Network
boldy Tracking Boarders (0)
boldy’s Interest Area
Tracked Topics
Tracked Threads (1)



Offline


Platinum

