Mangalore Refinery & Petrochemicals Ltd.

NSE: MRPL · Oil Gas & Consumable Fuels

₹169.80

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 58% confidence

Momentum collapse (RSI 43.15) and volume depletion (33% of average) undermine bullish structure; recent underperformance reverses 12-month…

Strongest bull point

Q2 FY26 delivered ₹639cr profit vs ₹682cr loss YoY, and bullish EMA stack (20>50>200) remains structurally intact with defined upside to ₹206.77 if price reclaims ₹169 resistance.

Strongest bear point

RSI at 43.15 (bearish regime) combined with volume at 33% of average signals low conviction; 1-month (−5.19%) and 6-month (−10.13%) underperformance indicate peak reversal despite 12-month outperformance.

Technical Forecast · next 10 trading days

Expected

₹161.89 -4.7%

Range

₹161.78 – ₹163.02

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Every call on MRPL, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹169.80 → ₹169.80 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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