Mangalore Refinery & Petrochemicals Ltd. Sees 24.5 Million Shares Traded Today

Mangalore Refinery & Petrochemicals Ltd. (MRPL) has emerged as one of the most active stocks today, reflecting significant trading activity in the oil sector. The company reported a total traded volume of 24,543,634 shares, with a total traded value of approximately Rs 370.34 lakhs. The stock opened at Rs 152.14, marking a gain of 7.07% from the previous close of Rs 142.1, and reached an intraday high of Rs 154.5, representing an increase of 8.73%.
In terms of performance, MRPL has outperformed its sector by 4.07% and has shown a consecutive gain over the last two days, accumulating a total return of 5.03% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen a rise, with a delivery volume of 9.47 lakhs on October 15, which is up by 20.74% compared to the 5-day average. The liquidity of MRPL remains robust, with trading activity sufficient for a trade size of Rs 0.6 crore, based on 2% of the 5-day average traded value. Overall, MRPL's performance today highlights its active position in the market, reflecting positive momentum in its trading activity.