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Man Industries soars on commissioning 5,600 Ton Hydraulic JCO press at its Gujarat Plant

Man Industries (India) Ltd. | Steel & Iron Products | Metals & Mining | BSE: 513269 | NSE: MANINDS

14 Jun 2016 Evaluate

Man Industries (India) is currently trading at Rs 61.10, up by 1.65 points or 2.78% from its previous closing of Rs 59.45 on the BSE.

The scrip opened at Rs. 60.25 and has touched a high and low of Rs. 61.85 and Rs. 60.25 respectively. So far 28527 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 128.40 on 20-Aug-2015 and a 52 week low of Rs. 48.00 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 63.00 and Rs. 56.00 respectively. The current market cap of the company is Rs. 348.61 crore.

The promoters holding in the company stood at 54.94%, while Institutions and Non-Institutions held 6.81% and 38.25% respectively.

Man Industries (India), one of the major Global player with lowest Project cost in Line Pipe Industry has successfully commissioned state of the art 5,600 Ton Hydraulic JCO press at its Gujarat Plant which has been developed indigenously with in-house research, development and technical knowhow.

The company has created a distinct edge over other industry peers by joining the elite league of a few line pipe players in niche sector across the globe, having capability to manufacture high grade steel Line Pipes in low diameter with high wall thickness with diameters up to 56' and thicknesses up to 55.0 mm. The augmented facility will add new milestones for the company and open new market across the Globe in high margin Line Pipe segment in future.

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.

Man Industries Share Price

536.90 28.40 (5.59%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata Steel	212.05
JSW Steel	1239.90
SAIL	173.50
Jindal Stainless	787.90
APL Apollo Tubes	2105.45
View more..

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Man Industries soars on commissioning 5,600 Ton Hydraulic JCO press at its Gujarat Plant

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