Bengaluru, Oct. 16 -- A refining and petrochemicals stock gained robust traction after reporting its Q2FY26 results, driven by a sharp turnaround in profitability and improved operational performance. Quarterly revenue expanded on higher crude processing, while net profit swung from a loss to a substantial gain, reflecting renewed investor confidence in the company's turnaround strategy.

Mangalore Refinery and Petrochemicals Ltd has a market capitalization of Rs. 25,263.71 crore. The stock opened at Rs. 151.45, reached a high of Rs. 154.55, and closed previously at Rs. 142, marking an intraday gain of approximately 8.9 percent.

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Mangalore Refinery and Petrochemicals Ltd has released its Q2FY26 results, reporting a stron...