MRPL to de-list from five bourses
New Delhi: Mangalore Refineries and Petrochemicals Ltd (MRPL) will de-list its equity shares from five stock exchanges, including the Delhi Stock Exchange. MRPL, a subsidiary of the state-run Oil and Natural Gas Corp (ONGC), has decided to de-list from Ahmedabad, Bangalore, Calcutta, Delhi and Madras stock exchanges, according to company sources.

MRPL will, however, continue to be listed on the Bombay Stock Exchange and the Mangalore Stock Exchange. "No particular benefit is available to the shareholders of the company by continuing listing on these stock exchanges. In fact, the trading volumes on these stock exchanges are now very thin and do not justify the payment of listing fees of these stock exchanges," they were quoted as saying.
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RIL stock rises 2.57% due to robust results
Mumbai: The stock of Reliance Industries Ltd (RIL) moved up by 2.57 per cent on the Bombay Stock Exchange. RIL posted numbers that were better than market expectations. This helped the stock to climb. The Reliance share opened at Rs 351 and touched a high of Rs 361.70 in intra-day trades before finally settling at Rs 357.25.

On the National Stock Exchange, the stock went up by 2.67 per cent to Rs 357.90 as compared with its previous close of Rs 348.60. A total of 65,00,224 RIL shares changed hands on the BSE while on the NSE it clocked a higher trading volume of 1,60,58,683 shares. Dealers say that RIL's numbers have outperformed market expectations. They were also confident that the company will continue its improved performance in the coming quarters too.
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NSE derivatives turnover zoom to Rs 7,429.41 crore
New Delhi: Enhanced activity on the stock exchanges has seen the monthly turnover on the National Stock Exchange (NSE) spurt by over 40 per cent the previous month to touch a high of Rs 1,88,527 crore in July 2003 as against Rs 1,34,603 crore in June, according to NSE data. On 31 July the total daily turnover in the derivatives segment zoomed to 7,429.41 crore as against the previous high of Rs 6,074 crore on 30 July.
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