Mangalore Refinery & Petrochemicals Sees Surge in Trading Activity and Investor Interest

Mangalore Refinery & Petrochemicals Ltd. (MRPL) has emerged as one of the most active stocks today, with a total traded volume of 38,816,695 shares and a total traded value of approximately Rs 59.62 crore. The stock opened at Rs 145.90 and reached a day high of Rs 156.50, while the day low was recorded at Rs 144.06. As of the latest update, MRPL's last traded price stands at Rs 155.50.
In terms of performance, MRPL has shown resilience, gaining 0.76% today, which is in contrast to the sector's decline of 0.28% and the Sensex's drop of 0.14%. The stock has been on a positive trajectory, marking consecutive gains over the past day, with a slight return of -0.21% in that period. Notably, MRPL is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has surged, with a delivery volume of 8.81 lakh shares on July 23, reflecting a significant increase of 484.14% compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 4.09 crore based on 2% of the 5-day average traded value. Overall, Mangalore Refinery & Petrochemicals Ltd. continues to demonstrate strong market activity and performance metrics within the oil industry.