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MRPL surges on lining up fresh projects worth Rs 15,000 crore

20 Jul 2016 Evaluate

Mangalore Refinery & Petrochemicals is currently trading at Rs. 76.25, up by 1.20 points or 1.60% from its previous closing of Rs. 75.05 on the BSE.

The scrip opened at Rs. 75.25 and has touched a high and low of Rs. 76.40 and Rs. 74.45 respectively. So far 109590 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.90 on 07-Aug-2015 and a 52 week low of Rs. 47.55 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 75.50 and Rs. 68.50 respectively. The current market cap of the company is Rs. 13153.25 crore.

The promoters holding in the company stood at 88.58%, while Institutions and Non-Institutions held 4.17% and 7.25% respectively.

Mangalore Refinery and Petrochemicals (MRPL) has lined up projects worth up to Rs 15,000 crore in coming years, which include a raw petroleum coke gas complex. The company intended to produce ‘Syngas’ (synthetic gas) and subsequently to produce value-added chemicals, such as urea (fertiliser), acetic acid, acryilate among others and production of linear alkyl benzene (LAB) - a feed stock to produce detergents.

MRPL is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation. The company was founded in 1988 and is based in Mangalore, Karnataka.

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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