MRPL is currently trading at Rs. 56.60, up by 2.35 points or 4.33% from its previous closing of Rs. 54.25 on the BSE.
The scrip opened at Rs. 55.00 and has touched a high and low of Rs. 56.85 and Rs. 55.00 respectively. So far 20,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.65 on 21-May-2014 and a 52 week low of Rs. 38.05 on 28-Feb-2014.
Last one week high and low of the scrip stood at Rs. 58.40 and Rs. 52.85 respectively. The current market cap of the company is Rs. 9,919.00 crore.
The promoters holding in the company stood at 88.58%, while Institutions and Non-Institutions held 3.64% and 7.78% respectively.
Mangalore Refinery and Petrochemicals (MRPL), a subsidiary of ONGC, has acquired 43% stake in ONGC Mangalore Petrochemicals (OMPL) by way of purchase of fully paid up equity shares from individual shareholders, resulting in increase of its holding from 3% to 46% of the paid up share capital of OMPL. The board of directors at their meeting held on February 09, 2015 have approved for the same.
ONGC already holds 46% of paid up share capital of OMPL. Consequently, subsequent to the acquisition of 43% stake by MRPL as above, OMPL has now become a subsidiary of ONGC in terms of Companies Act, 2013.
MRPL, a schedule ‘A’ CPSE and a subsidiary of ONGC is a State of Art Grassroot Refinery located in a beautiful hilly terrain, north of Mangalore city, in Dakshin Kannada region.
| 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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