MoneyWorks4Me

Man Industries receives order worth Rs 1,850 crore

08 Jul 2024 Evaluate

Man Industries (India) has received a prestigious line pipe order of around Rs 1,850 crore which is the largest single order in the company’s history. One of the most reputable Oil & Gas International Company awarded Man Industries to supply high value-added line pipes of API5L Grade for this mega offshore (Oil & Gas) project. 

This order is expected to be delivered during the next 12 to 18 months. The total unexecuted order book as of today stands at around Rs 4000 crore. This order reflects the robust business environment and showcases the trust of the customers they 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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