Mangalore Refinery and Petrochemicals (MRPL) is currently trading at Rs. 68.75, up by 0.60 points or 0.88% from its previous closing of Rs. 68.15 on the BSE.
The scrip opened at Rs. 67.85 and has touched a high and low of Rs. 69.50 and Rs. 67.70 respectively. So far 27592 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. 69.90 and Rs. 67.10 respectively. The current market cap of the company is Rs. 12031.59 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) is reportedly planning to acquire promoter’s stake in Mangalore Chemicals & Fertilizers (MCF).
Liquor baron Vijay Mallya’s UB Group holds little over 30% stake in MCF, a non-core investment that may be sold to fund its bleeding Kingfisher Airlines.
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).
| Company Name | CMP |
|---|---|
| Reliance Industries | 1365.10 |
| Indian Oil Corp. | 145.85 |
| BPCL | 312.05 |
| HPCL | 370.95 |
| MRPL | 183.20 |
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