Mangalore Refinery and Petrochemicals (MRPL) rose 16.7 per cent to Rs 67.45 on the Bombay Stock Exchange to emerge as the top gainer in the ‘A’ group. The company reported a 129.39 per cent surge in net profit to Rs 845.40 crore on a 43.97 per cent rise in total income to Rs 10,811.39 crore in Q1 FY09.
The results were announced during trading hours today. The shares hit a high of Rs 69.25 and a low of Rs 55.20 during the day, accompanied by trading volumes of 1.41 crore shares. MRPL is an ONGC group company and a mini-ratna.