MoneyWorks4Me

Man Industries’ Promoter hikes stake

20 Jun 2019 Evaluate

Man Industries’ (India) Promoter has purchased 12 lakh shares in bulk deal. The Promoter’s shareholding has increased from 41.92% to 44.02% in the company.

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 1229.20
Tata Steel 175.35
Steel Authority 174.95
Jindal Stainless 731.55
APL Apollo Tubes 2120.75
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