MRPL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | MRPL | Market Cap | 31,417 Cr. | Current Price | 179 ₹ | High / Low | 185 ₹ |
| Stock P/E | 14.4 | Book Value | 75.8 ₹ | Dividend Yield | 0.00 % | ROCE | 4.36 % |
| ROE | 0.40 % | Face Value | 10.0 ₹ | DMA 50 | 155 ₹ | DMA 200 | 149 ₹ |
| Chg in FII Hold | 0.83 % | Chg in DII Hold | -0.40 % | PAT Qtr | 1,445 Cr. | PAT Prev Qtr | 639 Cr. |
| RSI | 64.5 | MACD | 6.60 | Volume | 1,98,66,049 | Avg Vol 1Wk | 2,55,18,415 |
| Low price | 98.9 ₹ | High price | 185 ₹ | PEG Ratio | -0.20 | Debt to equity | 0.81 |
| 52w Index | 93.3 % | Qtr Profit Var | 375 % | EPS | 12.4 ₹ | Industry PE | 9.70 |
📊 Analysis: MRPL is trading at 179 ₹, close to its 52-week high (185 ₹) and well above both 50 DMA (155 ₹) and 200 DMA (149 ₹), showing strong short-term and medium-term momentum. RSI at 64.5 indicates mildly overbought conditions, while MACD (6.60) reflects bullish sentiment. Intraday volume (1.98 Cr.) is lower than the weekly average (2.55 Cr.), suggesting slightly reduced participation but still healthy liquidity. Fundamentals are mixed—EPS at 12.4 ₹ and strong PAT growth support the stock, but ROE (0.40%) and ROCE (4.36%) remain weak.
💰 Optimal Buy Price (Intraday): 177–179 ₹ (near support zone).
📈 Profit-Taking Levels: 182 ₹ (first resistance), 185 ₹ (secondary resistance / 52-week high).
⚠️ Stop-Loss / Loss Protection: 174 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 182 ₹ with volume confirmation or if RSI crosses 66 intraday (signaling overbought reversal). Hold for extended gains only if momentum sustains above 185 ₹ with strong volume breakout.
Positive
- 📈 Strong quarterly PAT growth (1,445 Cr. vs 639 Cr., +375%).
- 📊 Trading above both 50 DMA and 200 DMA.
- 📉 FII holdings increased (+0.83%).
- 📈 EPS at 12.4 ₹ supports valuation strength.
Limitation
- ⚠️ ROE (0.40%) and ROCE (4.36%) are weak.
- 📉 Debt-to-equity at 0.81, relatively high leverage.
- 📊 RSI near overbought zone, limiting upside.
- 📉 Intraday volume lower than weekly average.
Company Negative News
- 📉 DII holdings decreased (-0.40%).
- ⚠️ Dividend yield at 0.00% may reduce investor appeal.
Company Positive News
- 📈 PAT growth of 375% quarter-on-quarter.
- 📊 FII accumulation supports sentiment.
Industry
- 🏭 Oil refining sector PE at 9.7, MRPL trades at a premium (14.4).
- 📈 Sector supported by strong refining margins and energy demand.
Conclusion
⚖️ MRPL is a strong intraday candidate. Buy near 177–179 ₹ with stop-loss at 174 ₹. Profit booking can be considered at 182–185 ₹. Momentum indicators are favorable, but caution is advised near the 52-week high. Traders should rely on volume confirmation before holding beyond 185 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing MRPL with HPCL, BPCL, and IOC to highlight relative intraday strength in the refining sector?