Mangalore Refinery And Petrochemicals Ltd Share Price – NSE /  BSE

Refineries, Small Cap

Mangalore Refinery And Petrochemicals has appointed Devendra Kumar (DIN: 11000531) as Director Finance and Chief Financial Officer of the Company pursuant to the letter No. CA-31013/2/2024-CA-PNG (49542) dated 24 March 2025 from the Ministry of Petroleum and Natural Gas (MoP&NG), Government of India w.e.f 25 March 2025 till date of his superannuation, i.e., 31 August 2028, or until further order, whichever is earlier.

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Birla Corporation Ltd, Avenue Supermarts Ltd, Elgi Equipments Ltd, Affle India Ltd are among the other stocks to see a surge in volumes on NSE today, 13 March 2025.

Mangalore Refinery And Petrochemicals Ltd witnessed volume of 291.13 lakh shares by 14:14 IST on NSE, a 7.68 times surge over two-week average daily volume of 37.92 lakh shares. The stock increased 7.00% to Rs.119.94. Volumes stood at 12.71 lakh shares in the last session.

Birla Corporation Ltd notched up volume of 5.36 lakh shares by 14:14 IST on NSE, a 4.18 fold spurt over two-week average daily volume of 1.28 lakh shares. The stock slipped 3.27% to Rs.990.70. Volumes stood at 65925 shares in the last session.

Avenue Supermarts Ltd saw volume of 20.35 lakh shares by 14:14 IST on NSE, a 3.67 fold spurt over two-week average daily volume of 5.55 lakh shares. The stock increased 3.92% to Rs.3,818.05. Volumes stood at 2.66 lakh shares in the last session.

Elgi Equipments Ltd notched up volume of 10.33 lakh shares by 14:14 IST on NSE, a 3.64 fold spurt over two-week average daily volume of 2.84 lakh shares. The stock rose 4.26% to Rs.444.05. Volumes stood at 1.27 lakh shares in the last session.

Affle India Ltd recorded volume of 7.64 lakh shares by 14:14 IST on NSE, a 3.49 times surge over two-week average daily volume of 2.19 lakh shares. The stock lost 1.37% to Rs.1,427.10. Volumes stood at 1.23 lakh shares in the last session.

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The State Oil Company of the Azerbaijan Republic (SOCAR), Oil & Natural Gas Corporation (ONGC), and Mangalore Refinery & Petrochemicals (MRPL) have signed a Tripartite Memorandum of Understanding (MoU) during India Energy Week (IEW) 2025 at Yashobhoomi, Dwarka, New Delhi. This strategic MoU aims to enhance energy cooperation through the mutual supply and trade of crude oil, LNG, and petroleum products between SOCAR and ONGC Group entities.

The Collaboration Framework MoU establishes a structured platform for engagement, facilitating in-depth discussions, information exchange, and the exploration of energy trade opportunities. It also enables the assessment and implementation of viable projects while optimizing supply chain strategies to drive commercial sustainability and operational efficiency. Each party remains independently responsible for its respective commitments under the MoU, ensuring a flexible, non-binding cooperation model that fosters long-term synergy and strategic alignment in the global energy sector.

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The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs 65.66 crore. After this acquisition, equity stake of the Company shall increase from 0.96% to 27.92% in MSEZ.

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