MRPL shares surge 3% on start of Polypropylene production
Source: IRIS | 18 Jun, 2015, 11.41AM
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Rating: NAN / 5 stars. |
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Mangalore Refinery & Petrochemicals, a subsidiary company of ONGC, has witnessed a sharp rise of 3% after starting commercial production of Polypropylene from its Polypropylene (PP) Plant as part of its Phase III Refinery expansion and upgradation project on June 18, 2015. The plant has capacity to produce 4,40,000 TPA polypropylene. Shares of Mangalore Refinery & Petrochemicals are trading at Rs 76.60, up Rs 2.4, or 3.23% at the Bombay Stock Exchange (BSE) on Thursday at 11:30 a.m. The scrip has touched an intra-day high of Rs 77.80 and low of Rs 74.50. The total volume of shares traded at the BSE is 327,917.
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