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MRPL share price slips 10% from day's high after explosion reported at refinery in Mangaluru

Shares of Mangalore Refinery and Petrochemicals Ltd (MRPL) slipped around 10 per cent from the day's high of Rs 180.75 after a massive 'explosion'occurred at the oil refinery near Jokatte on Wednesday.Earlier, the stock opened in the green at Rs 172.70 from the previous close of Rs 171.70 on the BSE. The stock gained further to touch the high of Rs 180.75. However, the stock tumbled after the explosion was reported and touched an intraday low of Rs 162.40 at 1:50 pm, down Rs 18.35, or 10.15 per cent, from the day's high.