NSE: MRPL · 27 October 2026
- Mangalore Refinery & Petrochemicals has risen 16.31% over 2 trading sessions; today's move is +3.34%.
- MRPL announced its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, reporting quarterly revenue from operations of ₹35,590 crore and a profit after tax of ₹1,881 crore. Alongside the financial results, the board of directors declared an interim dividend of ₹3 per fully paid equity share (30%) for the financial year 2026-27, fixing October 21, 2026, as the record date.
- Trading volume was 1.44 times the 20-day average daily volume.
Mangalore Refinery & Petrochemicals share price: 16.31% rise over 2 trading sessions
Mangalore Refinery & Petrochemicals Ltd. (MRPL) shares moved higher today, trading up 3.34% at ₹188.71 compared to its previous close of ₹182.61. The stock opened at ₹180.50 and touched an intraday high of ₹190.14 and a low of ₹179.42 during the session.
In broader market context, the Nifty benchmark edged down by 0.02%, whereas the Nifty Energy sector index advanced by 0.51%. MRPL's positive return outpaced the broader market indices for the session, continuing a short-term recovery trend that includes an 8.63% gain over the past 5 trading days and a 14.65% gain over the past 20 trading days.
While no single same-day press release directly triggered today's upward movement, the stock's recent momentum aligns with its broader fundamental and operational context. Earlier in October 2026, the company reported its second-quarter and half-year financial results for fiscal year 2026-27, registering a standalone revenue of ₹35,590 crore and profit after tax of ₹1,881 crore for the quarter ended September 30, 2026, alongside a board-approved interim dividend of ₹3 per equity share with an October 21, 2026 record date.
2.82 crore shares traded by 27 October 2026 · 02:55 PM IST. This compares with a 20-day average daily volume of 1.96 crore shares (1.44 times). The five-day average daily volume was 2.84 crore shares. Separately, the NSE report for 26 October 2026 showed 1.00 crore shares delivered, representing 8.79% of that day’s traded volume. The same report recorded 616,021 trades.
MRPL's 3.34% gain occurred alongside above-average cash volume (1.44x the 20-day average) and positive sector performance in Nifty Energy, extending recent multi-day gains without a specific single-day catalyst announcement.
Latest Company Developments
MRPL announced its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, reporting quarterly revenue from operations of ₹35,590 crore and a profit after tax of ₹1,881 crore. Alongside the financial results, the board of directors declared an interim dividend of ₹3 per fully paid equity share (30%) for the financial year 2026-27, fixing October 21, 2026, as the record date.
Provides key valuation and cash return metrics that shape investor sentiment regarding the company's profitability and capital allocation.
The company completed the formal incorporation of ONGC Petrochemicals Marketing Limited (OPML) on October 7, 2026, as a joint venture with ONGC and OPaL. MRPL holds a 25% equity stake comprising 1,25,00,000 shares valued at ₹12.50 crore, aimed at establishing a single integrated marketing and trading platform for petrochemicals.
Expands the group's downstream integration and strategic footprint in petrochemical distribution and sales.
MRPL provided further operational updates regarding a fire incident at the Coker Hydrotreater Unit located in Phase II of its Mangalore refinery complex. The company provisionally estimated the financial impact at ₹118.76 crore as an exceptional item in its quarterly accounts, noting that affected assets are adequately insured.
Outlines temporary operational disruption and insurance coverage parameters factored into current asset assessments.
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 progress and commercial commencement of operations at the newly incorporated joint venture, ONGC Petrochemicals Marketing Limited (OPML).
- Operational status and restoration timelines following the Coker Hydrotreater Unit fire incident reported in Q2.
- Shareholder payout processing and credit confirmation for the interim dividend of ₹3 per share following the October 21, 2026 record date.
- Refining margin trends and crude throughput volumes through subsequent trading sessions.
Other Dated Coverage
More Mangalore Refinery & Petrochemicals news and dated analysis →
Frequently Asked Questions
What is the latest Mangalore Refinery & Petrochemicals company news?
MRPL announced its standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, reporting quarterly revenue from operations of ₹35,590 crore and a profit after tax of ₹1,881 crore. Alongside the financial results, the board of directors declared an interim dividend of ₹3 per fully paid equity share (30%) for the financial year 2026-27, fixing October 21, 2026, as the record date.
How strong was Mangalore Refinery & Petrochemicals’s trading volume?
2.82 crore shares traded, 1.44 times the 20-day average daily volume. The price and volume data are dated 27 October 2026 · 02:55 PM 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.