MRPL shares tumble 5% after explosion at Mangaluru plant, thick smoke seen from refinery unit
- Posted on September 30, 2026
- By Business News Today
- 2 Views
- 1 min read
Mangalore Refinery and Petrochemicals Limited experienced a significant market setback as MRPL stock declined over 5% following a reported explosion at its Mangaluru facility. Emergency response teams, including fire brigades and medical personnel, were deployed to the site immediately. The incident, which generated substantial smoke emissions from the refinery unit, prompted investor concerns regarding operational safety and potential production disruptions. Authorities are currently investigating the incident to determine its root cause and assess structural damages.
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