ONGC subsidiary MRPL share price surges 13% on stellar Q1 results; swings to profit from loss
MRPL share price, July 16 -- Shares of Mangalore Refinery and Petrochemicals Ltd. (MRPL) rallied more than 13% to an intraday high of Rs.178.40 on the BSE on Thursday, July 16, after the ONGC subsidiary reported a sharp improvement in its financial performance for the April-June quarter (Q1 FY27).
The PSU stock has been on a strong run in recent sessions, rising 13% over the past week and 5% over the last one month. On a year-to-date basis, the shares have gained 13%.
MRPL had touched its 52-week high of Rs.212.31 on March 6, 2026, while its 52-week low stood at Rs.120.40, recorded on August 7, 2025.
MRPL reported a multi-fold sequential jump in consolidated net profit to Rs.945.68 crore during the first quarter of FY27, compared with ...
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