Mangalore Refinery & Petrochemicals (MRPL) is currently trading at Rs. 79.75, up by 0.65 points or 0.82% from its previous closing of Rs. 79.10 on the BSE.
The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 80.80 and Rs. 79.20 respectively. So far 32466 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.55 on 25-Jul-2016 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. 83.00 and Rs. 75.70 respectively. The current market cap of the company is Rs. 13985.74 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) is planning to expand market for polypropylene, is aiming to sell around 0.44 million tonnes (MT) of polypropylene a year. The company has successfully penetrated the polypropylene market in a short span of nine months with a sales volume of 0.139 MT and sales value of Rs 1,039 crore.
To leverage the highly profitable polypropylene and to position MRPL as a niche player, comprehensive pricing of various grades of polypropylene has been put in place along with customer enrolment activity.
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.
| 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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