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Man Industries moves up on bagging new export orders worth Rs 405 crore

19 Aug 2020 Evaluate

Man Industries (India) is currently trading at Rs. 61.45, up by 0.85 points or 1.40% from its previous closing of Rs. 60.60 on the BSE.

The scrip opened at Rs. 62.35 and has touched a high and low of Rs. 62.55 and Rs. 61.35 respectively. So far 9231 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 64.15 on 12-Feb-2020 and a 52 week low of Rs. 31.00 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 63.40 and Rs. 55.50 respectively. The current market cap of the company is Rs. 350.90 crore.

The promoters holding in the company stood at 42.37%, while Institutions and Non-Institutions held 5.49% and 52.14% respectively.

Man Industries (India) has received new export orders of approximately Rs 405 crore. With this, the total unexecuted order book of the company stands at approximately Rs 1800 crore to be executed in the current financial year (FY21).

Man Industries (India) is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products.

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