NSE: MRPL · 26 October 2026
- Mangalore Refinery & Petrochemicals Ltd. (MRPL) shares surged 10.14% today, trading near the upper end of the day's range. The stock opened at ₹161.36 and reached an intraday high of ₹182.00, while falling as low as ₹159.19 before settling at ₹178.70 against its previous close of ₹162.25.
- MRPL reported its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, approved by the Board of Directors during their meeting. Standalone revenue from operations stood at ₹35,590.40 crore for the quarter, with a net profit of ₹1,880.89 crore. The results also accounted for a provisionally assessed loss of ₹118.76 crore as an exceptional item due to a fire incident at the Coker Hydrotreater Unit.
- Trading volume was 2.65 times the 20-day average daily volume.
Why is Mangalore Refinery & Petrochemicals share price rising on 26 October 2026?
Mangalore Refinery & Petrochemicals Ltd. (MRPL) shares surged 10.14% today, trading near the upper end of the day's range. The stock opened at ₹161.36 and reached an intraday high of ₹182.00, while falling as low as ₹159.19 before settling at ₹178.70 against its previous close of ₹162.25.
The broader market and sectoral trend showed positive momentum, with the Nifty rising 0.10% and the Nifty Energy sector benchmark gaining 0.91%. MRPL outperformed both broader indices significantly, extending its recent gains after registering a 5-day return of 3.47% and a 20-day return of 8.64%.
Market participants are also noting the recent interim dividend of ₹3 per share with a record date of October 21, 2026.
3.73 crore shares traded by 26 October 2026 · 10:40 AM IST. This compares with a 20-day average daily volume of 1.41 crore shares (2.65 times). The five-day average daily volume was 83.84 lakh shares. Separately, the NSE report for 23 October 2026 showed 12.96 lakh shares delivered, representing 21.20% of that day’s traded volume. The same report recorded 48,381 trades.
The stock surged 10.14% accompanied by volume that was 4.45 times the 5-day average, extending recent positive returns. In the absence of a same-day corporate announcement, the price action reflects heavy cash-market participation and momentum rather than an officially confirmed single catalyst.
Latest Company Developments
MRPL reported its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, approved by the Board of Directors during their meeting. Standalone revenue from operations stood at ₹35,590.40 crore for the quarter, with a net profit of ₹1,880.89 crore. The results also accounted for a provisionally assessed loss of ₹118.76 crore as an exceptional item due to a fire incident at the Coker Hydrotreater Unit.
Provides a comprehensive view of the company's operational performance, profitability, and financial health during the quarter.
The Board of Directors declared an interim dividend of ₹3 per equity share (30%) on fully paid-up equity shares of ₹10 each for the financial year 2026-27. The board fixed October 21, 2026, as the record date for determining eligible shareholders for the dividend payout.
Directly impacts shareholder returns and highlights cash generation capabilities.
MRPL announced the incorporation of ONGC Petrochemicals Marketing Limited (OPML) on October 7, 2026, as a joint venture with ONGC and OPaL in a 50:25:25 shareholding ratio. MRPL invested ₹12.5 crore by subscribing to 1,25,00,000 equity shares at face value. The joint venture will handle integrated marketing and trading of petrochemicals and chemicals for the ONGC Group.
Establishes a unified market-facing platform for the group's petrochemical operations, aligning with long-term growth and diversification strategies.
a press release dated October 14, 2026, titled "Press Release of Board Meeting for the Quarter and Half year ended September 30, 2026.".
30 of – Incorporation of Integrated Petrochemicals Marketing & Trading Joint Venture Company in partnership with ONGC and OPaL.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.37% on 30 September 2026. This compares with 0.31% on 30 June 2026, a change of +0.06 percentage points.
The filing reported 29 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution and operational progress of the newly incorporated joint venture OPML
- Developments regarding insurance claims and repair timelines for the CHT unit fire incident
- Delivery volumes and cash-market participation trends in subsequent trading sessions
- Interim dividend payment distribution scheduled on or before November 7, 2026
More Mangalore Refinery & Petrochemicals news and dated analysis →
Frequently Asked Questions
What is the latest Mangalore Refinery & Petrochemicals company news?
MRPL reported its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, approved by the Board of Directors during their meeting. Standalone revenue from operations stood at ₹35,590.40 crore for the quarter, with a net profit of ₹1,880.89 crore. The results also accounted for a provisionally assessed loss of ₹118.76 crore as an exceptional item due to a fire incident at the Coker Hydrotreater Unit.
How strong was Mangalore Refinery & Petrochemicals’s trading volume?
3.73 crore shares traded, 2.65 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 10:40 AM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.