Mangalore Refinery & Petrochemicals (MRPL), a subsidiary company of ONGC, jumped on Wednesday after it swung to a profit of Rs 10,670.40 million compared with a loss of Rs 619 million in the same quarter last year.
Net sales for the quarter rose 5.62% to Rs 197,068.10 million, compared with Rs 186,588 million for the prior year period.
Shares of the company are trading at Rs 77.55, up Rs 9.85, or 14.5% at the Bombay Stock Exchange (BSE) on Wednesday at 9:47 a.m.
The scrip has touched an intra-day high of Rs 80.65 and low of Rs 72.65. The total volume of shares traded at the BSE is 601,615.
In the earlier session, the shares gained 6.53%, or Rs 4.15, at Rs 67.70.
Currently, the stock is trading all time 52-week high, which is above 193.19% over the 52-week low of Rs 26.45.
| Share Price Movement |
| Period | Price
in Rs | Gain/(Loss) |
| in Rs | in % |
| 1 Week | 39.50 | (1.75) | (4.43) |
| 1 Month | 41.95 | (4.20) | (10.01) |
| 3 Months | 50.15 | (12.40) | (24.73) |
| 6 Months | 61.15 | (23.40) | (38.27) |
| 1 Year | 54.40 | (16.65) | (30.61) |
| Note: Based on previous day closing price. |
