Mangalore Refinery surges on getting PNGRB nod for ATF pipeline expansion
Mangalore Refinery and Petrochemicals is currently trading at Rs. 149.20, up by 3.55 points or 2.44% from its previous closing of Rs. 145.65 on the BSE.
The scrip opened at Rs. 144.80 and has touched a high and low of Rs. 150.55 and Rs. 143.20 respectively. So far 229487 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 214.95 on 09-Mar-2026 and a 52 week low of Rs. 120.35 on 29-Aug-2025.
Last one week high and low of the scrip stood at Rs. 194.90 and Rs. 143.20 respectively. The current market cap of the company is Rs. 26192.59 crore.
The promoters holding in the company stood at 88.58%, while Institutions and Non-Institutions held 3.75% and 7.67% respectively.
Mangalore Refinery and Petrochemicals (MRPL) has received the authorization from the Petroleum and Natural Gas Regulatory Board (PNGRB) for laying, building, operating or expanding petroleum and petroleum product (ATF) pipeline from Devangonthi to Existing Common User Fuel Farm Station & Upcoming Satellite Fuel Farm Station inside the Kempegowda International Airport, Bengaluru.
The system capacity in the petroleum and petroleum product pipeline shall be equal to 2.5 million tonnes per annum. The project is to be executed within 36 months.
