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MRPL shares jump 9% as ONGC approves strategic oil reserve in Mangaluru
ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.
MRPL Shares Jump 6% After ONGC Announces 1.75 MT Strategic Oil Reserve In Mangaluru
The proposed strategic petroleum reserve has put the ONGC subsidiary in focus as investors assess its role in India's energy security plans.
From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intact
Reliance Petrochemicals, Reliance Oil Business, AGM 2026: Reliance Industries ensured energy security during a West Asian conflict. The company redirected domestic natural gas to critical sectors. It also increased LPG supplies fourfold. This action bridged import disruptions and maintained cooking fuel availability nationwide. Reliance's oil and gas business showed strong operational performance. The Jamnagar complex is set to become an autonomous refinery.
Two factors why shares of HPCL, OMCs, GAIL, MRPL, city gas distributors fell up to 4%
According to Nomura, the increased windfall tax on diesel and aviation turbine fuel (ATF) exports should benefit OMCs. However, it expects the windfall tax to not be applicable to Reliance Industries Ltd.'s export refinery, which is almost half of its total refining capacity.
Vodafone Idea, MRPL, YES Bank, Eternal— These are among the top most traded stocks on the NSE today
Vodafone Idea, Tata Silver Exchange Traded Fund, Mangalore Refinery and Petrochemicals (MRPL), YES Bank, Eternal, ITI, Dharan Infra-EPC, and Adani Power were among the most traded stocks, or most active stocks in terms of volume, on the NSE.
Reliance Industries to divert natgas to priority sectors, hike LPG production
The company said it was maximising LPG output from its refining and petrochemicals complexes at Jamnagar Refinery - the world's largest integrated refining hub - to maintain stable domestic supplies.