MoneyWorks4Me

Man Industries (India) secures Rs 807 crore order from IOCL

02 May 2022 Evaluate

Man Industries (India) has received new order of around Rs 807 crore from Indian Oil Corporation (IOCL) for supply of API High Grade Large Diameter Carbon steel pipes along with coating. With this new order the unexecuted order book as on date stands at approximately Rs 1500 crore to be executed in six to eight months. This order reflects robust business environment and also showcases the trust that customers have in the company's technological and executional capabilities.

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

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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