19 Jan 2026 | 3 Mins Read
MRPL shares dip 5% after halting Russian oil imports
Flipitmoney
MRPL's stock fell 5% to 143.71 on January 19 after the company announced it's not importing Russian oil amid Western sanctions. MRPL's head of finance said they're considering purchases of Venezuelan oil if commercial terms are favourable. The company posted a 5x jump in Q3 profit and revenue rose 16%, but then lost 4.4% on Friday.