Mangalore Refinery Shows Strong Trading Activity Amid Mixed Investor Participation

Mangalore Refinery & Petrochemicals Ltd. (MRPL) has emerged as one of the most active stocks today, with a total traded volume of 6,108,753 shares and a total traded value of approximately Rs 87.70 crores. The stock opened at Rs 140.19 and reached a day's high of Rs 146.40, reflecting a notable intraday performance. The last traded price stood at Rs 145.16, marking a 2.87% increase for the day, which outperformed its sector by 1.6%.
Despite this positive movement, the stock's delivery volume has seen a slight decline, with 2.618 million shares delivered on March 25, down by 0.05% compared to the five-day average. MRPL's liquidity remains robust, with trading activity sufficient for a trade size of Rs 4 crores, based on 2% of the five-day average traded value.

In terms of moving averages, MRPL is currently above its 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day moving average. The company's market capitalization is approximately Rs 25,272.47 crores, categorizing it as a large-cap entity in the oil exploration and refineries industry. Overall, MRPL's performance today reflects a strong position within its sector, despite some fluctuations in investor participation.