BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Mangalore Refinery and Petrochemicals Ltd.’s better-than-expected reported gross refining margin led to a beat on Ebitda, further supported by lower other expenditure during the quarter.
However, adjusting for inventory gains in Q2 FY21, the company’s core GRM continues to struggle (as seen in the last couple of quarters too).
It has not been good on a sustainable basis, having been hit by water woes at times and by technical issues at other times.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR