MRPL is currently trading at Rs. 29.15, up by 0.55 points or 1.92% from its previous closing of Rs. 28.60 on the BSE.
The scrip opened at Rs. 29.00 and has touched a high and low of Rs. 29.50 and Rs. 29.00 respectively. So far 7,531 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 70.50 on 10-Oct-2012 and a 52 week low of Rs. 26.45 on 16-Aug-2013.
Last one week high and low of the scrip stood at Rs. 30.95 and Rs. 26.45 respectively. The current market cap of the company is Rs. 43.35 crore.
The promoters holding in the company stood at 88.58% while Institutions and Non-Institutions held 3.18% and 8.23% respectively.
Mangalore Refinery and Petrochemicals (MRPL), has resumed crude oil imports from Iran after a gap of four months. The company, on August 17, received a ship carrying 75,000 tonnes of crude oil from Iran and has also booked at least three other similar sized cargoes for delivery this month and the next.
MRPL, which imported 3.9 million tonnes of crude oil from Iran in 2012-13, had not imported any oil from the Persian Gulf nation, as insurance companies declined to extend full coverage to refiners processing Iranian crude due to US sanctions.
MRPL is 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).
