MRPL's Stock Price Declines by -3.45% on October 7th, 2024
On October 7th, 2024, Mangalore Refinery & Petrochemicals Ltd. (MRPL) experienced a -3.45% decrease in stock value, underperforming the sector by -2.83%. The stock is currently trading below its moving averages and has seen a decline of -11.98% in the past month, while the overall market has seen a slight increase of 0.81%.
Mangalore Refinery & Petrochemicals Ltd. (MRPL) has experienced a decline in its stock price on October 7th, 2024. The company, which operates in the oil exploration and refineries industry, saw a decrease of -3.45% in its stock value. This decline was reflected in the stock call given by MarketsMOJO, which advised investors to sell MRPL's stock.
On the same day, MRPL's stock underperformed the sector by -2.83%. The stock touched an intraday low of Rs 173.5, showing a decrease of -3.45%. Additionally, MRPL's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the overall market performance, MRPL's stock has not fared well. On October 7th, 2024, the company's stock performance was -3.51%, while the Sensex's performance was 0.19%. Over the past month, MRPL's stock has seen a decline of -11.98%, while the Sensex has seen a slight increase of 0.81%.
Despite this recent decline in stock value, MRPL remains a largecap company in the oil exploration and refineries industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and data from the given sources.
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