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MRPL surges on getting nod to raise funds of up to Rs 3,000 crore

21 Aug 2017 Evaluate

Mangalore Refinery & Petrochemicals (MRPL) is currently trading at Rs. 126.30, up by 1.70 points or 1.36% from its previous closing of Rs. 124.60 on the BSE.

The scrip opened at Rs. 124.80 and has touched a high and low of Rs. 128.55 and Rs. 123.45 respectively. So far 244295 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. 76.25 on 26-Aug-2016.

Last one week high and low of the scrip stood at Rs. 128.55 and Rs. 118.65 respectively. The current market cap of the company is Rs. 22135.32 crore.

The promoters holding in the company stood at 88.58%, while institutions and non-institutions held 4.82% and 6.59% respectively.

Mangalore Refinery and Petrochemicals has received shareholders’ approval to raise funds of up to Rs 3,000 crore through issue of Non Convertible Debentures (NCDs)/Bonds. The Shareholders of the company in their Annual General Meeting (AGM) held on August 19, 2017, have authorised the Board to raise funds.

Mangalore Refinery and Petrochemicals 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.

MRPL Share Price

179.85 -3.35 (-1.83%)
20-Apr-2026 10:02 View Price Chart
Peers
Company Name CMP
Reliance Industries 1358.55
Indian Oil Corp. 144.90
BPCL 308.15
HPCL 369.15
MRPL 179.85
View more..

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