New Delhi, Sept. 30 -- Shares of Mangalore Refinery and Petrochemicals (MRPL) reversed all their intraday gains in Wednesday's trade on 30 September and turned lower after the company reported a fire accident at its refinery facility near Jokatte in Mangaluru.

The shares began the session on a higher note at Rs.172.50 and went on to hit a day's high of Rs.180.80 before giving up all their gains and falling 10% from the day's high to a low of Rs.162.50. At the time of writing this report, the stock was trading 0.75% lower at Rs.170.40.

The company in its filing today, said an incident involving rupture of the Cold Separator operating at high pressure in the Coker Hydrotreater Unit occurred at

It said the battery limits of the affected u...