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MAN Industries bags order worth Rs 700 crore

09 Apr 2014 Evaluate

MAN Industries has bagged an order worth Rs 700 crore from domestic and international customers for supply of large diameter pipes for Oil and Gas as well as water sector projects. With this, the company’s order book stood at around Rs 1200 crore.

In addition to the above confirmed order the company has outstanding bids over dollar one billion at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.

Man Industries (India) is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products. The company has received various certifications such as API, ISO-9001, ISO-9002, ISO-14001, and ISO-18001 for its quality management.

Peers
Company Name CMP
JSW Steel 1259.00
Tata Steel 178.60
Steel Authority 178.75
Jindal Stainless 750.30
APL Apollo Tubes 2145.00
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