{"id":497277,"date":"2022-06-08T11:11:12","date_gmt":"2022-06-08T05:41:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497277"},"modified":"2022-06-08T13:02:24","modified_gmt":"2022-06-08T07:32:24","slug":"mrpl-hits-highest-level-since-oct-2018-stock-more-than-doubles-in-2-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mrpl-hits-highest-level-since-oct-2018-stock-more-than-doubles-in-2-months\/","title":{"rendered":"MRPL hits highest level since Oct 2018; stock more-than-doubles in 2 months"},"content":{"rendered":"<p>Shares of Mangalore Refinery &amp; Petrochemicals (MRPL) continued at their northward movement, surging 9 per cent on the BSE, to hit a over four-year high of Rs 118.55 on the BSE in an otherwise a subdued market on Wednesday. The stock of the refineries &amp; marketing company has surged 31 per cent in the past two trading days on expectation of strong earnings.<\/p>\n<p>At 09:30 am, MRPL was 6 per cent higher at Rs 114.85, as compared to 0.13 per cent decline in the S&amp;P BSE Sensex. The stock exchanges had revised circuit limit on of MRPL from 5 per cent to 20 per cent with effect from Monday.<\/p>\n<p>MRPL is engaged in the business of refining crude oil, and is a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), which holds 71.63 per cent stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Mangalore Refinery &amp; Petrochemicals (MRPL) continued at their northward movement, surging 9 per cent on the BSE, to hit a over four-year high of Rs 118.55 on the BSE in an otherwise a subdued market on Wednesday. The stock of the refineries &amp; marketing company has surged 31 per cent in the past two trading days on expectation of strong earnings. At 09:30 am, MRPL was 6 per cent higher at Rs 114.85, as compared to 0.13 per cent decline in the S&amp;P BSE Sensex. The stock exchanges had revised circuit limit on of MRPL from 5 per [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-497277","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=497277"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497277\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}