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MRPL gains despite reporting 65% contraction in its Q3 net profit

25 Jan 2012 Evaluate

Mangalore Refinery & Petrochemicals (MRPL) is currently trading at Rs 60.35, up by 0.70 points or 1.17% from its previous closing of Rs 59.65 on the BSE.

The scrip opened at Rs 59.00 and has touched a high and low of Rs 60.70 and Rs 58.05 respectively. So far 204244 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 84.75 on 26-Jul-2011 and a 52 week low of Rs 50.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs 60.70 and Rs 56.55 respectively. The current market cap of the company is Rs 10576.93 crore.

The promoters holding in the company stood at 88.58% while Institutions and Non-Institutions held 3.33% and 8.08% respectively.

Mangalore Refinery and Petrochemicals (MRPL) has posted a 65.02% fall in net profit of Rs 109.75 crore for the quarter ended December 31, 2011 as compared to Rs 313.76 crore for the same quarter in the previous year. However, total income has increased by 24.96% from Rs 10368.02 crore for Q3FY11 to Rs 12955.59 crore in the quarter under review.

MRPL was a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).

MRPL Share Price

183.20 8.25 (4.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

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