Mangalore Refinery Shows Resilience with Strong Stock Performance Amid Market Fluctuations

Mangalore Refinery & Petrochemicals (MRPL) has shown significant activity today, gaining 3.99% as of July 3, 2025. The stock has outperformed its sector by 4.5%, marking a positive trend over the last two days with a total return of 5.53%. During today's trading session, MRPL reached an intraday high of Rs 151.35, reflecting a 4.96% increase. In terms of moving averages, MRPL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to long-term performance. Over the past week, the stock has gained 4.98%, contrasting with a slight decline of 0.09% in the Sensex. Despite a challenging year, where MRPL has seen a decline of 31.61%, its performance over the last three years has been robust, with an increase of 83.69%. The stock's five-year performance stands at an impressive 307.07%, significantly outpacing the Sensex's 132.32% over the same period. Overall, MRPL's recent gains highlight its resilience in the oil industry amidst fluctuating market conditions.