MoneyWorks4Me

Man Industries’ promoter increases stake in the company

28 Jun 2018 Evaluate

Man Industries’ promoter Rameshchandra Mansukhani has acquired 17025 equity shares of the company through market purchase on June 26, 2018. After this acquisition, promoter’s stake in the company has increased from 1,30,53,671 equity shares or 22.86% to 1,30,70,696 equity shares or 22.89%.

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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