MRPL and Oil India Shares Surge in the Stock Market

Posted : February 16, 2024

Shares of Mangalore Refinery and Petrochemicals Limited (MRPL) witnessed a significant surge, gaining 17.53% to reach a high of Rs 240. In a parallel development, Oil India's shares escalated to a record high, hitting Rs 575.45 on the Bombay Stock Exchange (BSE). The stock marked an increase of 15.33% for the day, reflecting a positive trend in the oil and energy sector.
1. Shares of Mangalore Refinery and Petrochemicals Limited (MRPL) surged 17.53% to reach a high of Rs 240.
2. Oil India's shares also escalated, hitting Rs 575.45 on the Bombay Stock Exchange (BSE) - a record high for the company.
3. The 15.33% increase in Oil India's shares signifies a positive trend in the oil and energy sector.
4. MRPL's 17.53% increase in share prices indicates strong growth for the company.
5. The significant surge in the shares of these energy sector players has garnered the attention of industry spectators who are closely observing their performance.
In a single day, shares of Mangalore Refinery and Petrochemicals Limited (MRPL) surged by 17.53% to Rs 240, while Oil India's shares escalated to a record high of Rs 575.45, marking a 15.33% increase.
In a stunning show of growth, MRPL saw its shares soar by 17.53 per cent, reaching a notable high of Rs 240. Meanwhile, Oil India reported a significant milestone as its shares touched a record high of Rs 575.45 on BSE. This marked a substantial increase of 15.33 per cent for the day, reflecting a most encouraging uptick for the company. This has prompted industry spectators to maintain a close watch on these energy giants' performance.