India's Mangalore Refinery and Petrochemicals gains after clarifying not declared any 'force majeure'

Mangalore Refinery and Petrochemicals

06/03/2026 07:09

** Shares of Mangalore Refinery and Petrochemicals MRPL.NS rise 3.4% to 202.88 rupees

** MRPL, on Thursday, clarified that it has not declared any "FORCE MAJEURE"

** Also, the U.S. government issued a temporary, 30-day waiver to allow for the sale of Russian oil currently stranded at sea to continue to India, U.S. officials told Reuters

** MRPL up ~33% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))