MoneyWorks4Me

Man Industries bags order worth Rs 925 crore from GAIL

12 Oct 2017 Evaluate

Man Industries (India) has received a prestigious order of around Rs 925 crore from GAIL (India) for supply of about 1,16,000 MT of Line pipes for its Jagdishpur-Haldia-Bokaro-Dhamra Pipeline Project (JHBDPL), Phase II.

With this new order, the outstanding order book as on date stands at around Rs 2,700 crore to be executed within a period of 9 to 12 months.

Man Industries (India) is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products. The main business line includes manufacturing & coating of Large Diameter Carbon steel pipes, Infrastructure, Realty & Trading.   

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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