Discover and read the best of Twitter Threads about #MRPL

Most recents (5)

Have you tried using #CHATGPT for your Investing analysis?

I put it to the test and here's how it can do the heavy lifting for you...

...& help you make informed investment decisions.

Ready to learn?

Let's go...🧵
1⃣ You don’t know how to read financial statements of a company? Here is how you can ask ChatGPT!

- Take @screener_in link of the company & just post it to ChatGPT & you have a quick summary on all the aspects

Here is how I asked ChatGPT to analyse #MRPL for me!😅
2⃣ But now you want to understand a certain aspect of the company & you are clueless why for ex: Sales or Profit went up suddenly in a year!

Here is what I asked ChatGPT about #MRPL Sales sudden change in trend.

I think with good prompts the answers can be even better🤓
Read 10 tweets
Detailed Study of Stocks that became 5X in past 2 Years
A Mega Thread🧵

Concepts :
Relative Strength
Stage Analysis

Retweet and Comment If you want a PDF
We have Got around 86 Stocks that became 5X in 2 years
These Belonged to various sectors and Groups
Excel Link for List of Stocks
docs.google.com/document/d/1J-…
( As on 30th March 2022)

[1/n]
All stocks had few things in common :

Stocks doubled Before entering into Stage 2 Uptrend
52 week RS was positive in stage 2
90% stocks even gave all time high breakout after Stage 2
60 Stocks had market cap less than 1000 Cr

Examples : OLECTRA , PGEL
[2/n]
Read 19 tweets
Yesterday, most of the Oil Explorer and Producing Companies Like #Reliance, #Ongc, #MRPL were down by 10%.

There were multiple reasons for this. So let's discuss each reason one by one.

Before going ahead, Like and Retweet this tweet for wider reach.
First Reason:

#Government imposed taxes on the export of petrol, diesel, and jet fuel shipped overseas by Indian firms.
A tax of ₹6/L on exports of petrol and aviation turbine fuel and ₹13/L on exports of diesel will be levied.
The step is aimed at meeting the demand of the domestic market.

The taxes on exports come after oil refiners, particularly from the private sector, attracted huge gains from exporting fuel to markets such as Europe and the US amid a surge in international oil prices.
Read 8 tweets
A thread🧵 on Why gross refining margins (GRM) are at multi year high & what it means for refining stocks

"Exxon made more money than God this year," said Biden

#RIL #HPCL #iocl #BPCL #MRPL #CHENNAIPETRO
GRM is difference between value of crude based products & value of crude oil.

GRM trends
Q1FY23 GRM (in average basis)- $23
Q4FY22 GRM - $8.1
Q3FY22 GRM - $6.1
Q2FY22 GRM - $3.7
Q1FY22 GRM - $2
Q4FY21 GRM - $1.2 Image
Why GRMs are multi year high?
- refiners shut several unprofitable facilities after crude turns negative in pandemic
- refining capacity down to 17.2 Mn bpd in Mar-22 bpd from 19 Mn bpd in April-20 while Downstream products demand remain robust, (1st time in 30 yrs).
Read 21 tweets
Refineries have potential with current situation to outperform index by least 100%. World 've crude oil boiling above 120$ but couldn't hv enough refining capacity to convert this crude oil into useful products like jet fuel, petrol & Diesel.
@AdeptMarket

Thread - 1/6 🔽
As demand picking up suddenly post COVID, global refineries couldn't able to meet demand by Airlines & other domestic demand. Result to this last week American President given order to open closed oil refineries to meet demand.

Thread - 2/6🔽
Similar situation arising in African Continent also, where shortage of oil refineries shot up fuel prices. Due to this situation GRM (Gross Refining Margin) shot up like wild bull to all time high of 30.15$ BBL on Singapore exchange.

Thread - 3/6🔽
Read 7 tweets

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