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    MRPL — Mangalore Refinery and Petrochemicals News Story

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    India's MRPL falls after stopping Russian oil imports

    Picture of Mangalore Refinery and Petrochemicals logoMangalore Refinery and Petrochemicals
    19/01/2026 07:15
    ** Mangalore Refinery and Petrochemicals Ltd's MRPL.NS stock falls 4.5% to 144.42 rupees

** State-run oil refiner and fuel retailer is not importing Russian oil amid Western sanctions and is looking to buy Venezuelan oil, company executive says

** On Wednesday, co posted about 5x jump in Q3 profit, revenue up 16%; stock jumped 9% that day; on Friday, it lost about 4.4%

** Stock up 2.4% in 2025

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

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