Momentum Pick: MRPL rallies 16% in 8 sessions. 4 reasons why stock could see 20-34% uptick from here

Momentum Pick: MRPL rallies 16% in 8 sessions. 4 reasons why stock could see 20-34% uptick from here

Mangalore Refinery and Petrochemicals (MRPL) stock has rallied over 16% in eight sessions, remaining unbeaten on seven occasions. This uptrend is likely to sustain over the short term, multiple technical experts tell ETMarkets. The current momentum could take the stock to Rs 130 and Rs 145, which is a potential upside of 20-34% over Thursday’s … Read more