MRPL shares reverse gains after fire incident at Mangaluru refinery; stock down 10% from day’s high

Shares of Mangalore Refinery and Petrochemicals reversed gains and fell 10% after a fire incident at its refinery in Mangaluru. The stock reached a high of ₹180.80 before dropping to ₹162.50. Firefighting efforts are underway, and the situation is under control with no major injuries reported.