Mangalore Refinery & Petrochemicals (MRPL) is currently trading at Rs. 123.80, up by 2.20 points or 1.81% from its previous closing of Rs. 121.60 on the BSE.
The scrip opened at Rs. 121.15 and has touched a high and low of Rs. 125.25 and Rs. 120.90 respectively. So far 188246 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 142.75 on 18-May-2017 and a 52 week low of Rs. 74.40 on 12-Aug-2016.
Last one week high and low of the scrip stood at Rs. 125.25 and Rs. 117.90 respectively. The current market cap of the company is Rs. 21399.23 crore.
The promoters holding in the company stood at 88.58%, while Institutions and Non-Institutions held 4.82% and 6.59% respectively.
In order to mitigate the risk of water scarcity during summer, Mangalore Refinery and Petrochemicals (MRPL) is planning to set up desalination plant in Mangaluru. The company already got permission from the Karnataka government to set up a desalination plant in Mangaluru.
Feasibility studies, along with studies for environment impact assessment, are being done and the project is expected to be commissioned in 2019-20.
The company is also planning to harvest solar energy in a better way. In this regards, the feasibility study has been completed for setting up of rooftop solar power plant.
Mangalore Refinery and Petrochemicals (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.
| 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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