MRPL Shares Snap Losing Streak Mangalore Refinery and Petrochemicals Ltd (MRPL) staged a sharp rebound, ending a **three-day** decline. The recovery was fueled by renewed investor confidence following the release of robust **Q3 earnings**. Beyond financials, strategic supply chain shifts played a key role in the sentiment reversal. The company confirmed it is actively exploring crude oil sourcing from **Venezuela** to diversify its input options. Simultaneously, MRPL has suspended crude imports from **Russia**. This move ensures compliance with tightening international sanctions, removing a layer of regulatory uncertainty for shareholders.