Man Industries (India) is currently trading at Rs. 66.90, up by 3.80 points or 6.02% from its previous closing of Rs. 63.10 on the BSE.
The scrip opened at Rs. 66.20 and has touched a high and low of Rs. 70.80 and Rs. 66.15 respectively. So far 2118 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 238.35 on 01-Oct-2012 and a 52 week low of Rs. 57.00 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 75.00 and Rs. 57.00 respectively. The current market cap of the company is Rs. 400.14 crore.
The promoters holding in the company stood at 52.31% while Institutions and Non-Institutions held 10.01% and 37.68% respectively.
Man Industries (India), one of the leading pipe manufacturing company has received new orders worth approximately Rs. 525 crore from Domestic and Middle East customers for supply of large diameter pipes for Oil and Gas sector. With these new orders the Company's outstanding order book stands at approximately Rs 1025 crores. The orders are to be executed over a period of next 6 to 9 months.
In addition to the above confirmed orders the Company has outstanding bids over Rs 5000 crore at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.
