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Man Industries in demand on bagging export orders worth Rs 515 crore

05 Dec 2011 Evaluate

Man Industries is currently trading at Rs 116.50, up by 4.60 points or 4.11% from its previous closing of Rs 111.90 on the BSE.

The scrip opened at Rs 115.00 and has touched a high and low of Rs 120.50 and Rs 115.00 respectively. So far 167011 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 161.70 on 22-Jul-2011 and a 52 week low of Rs 54.30 on 15-Mar-2011.

Last one week high and low of the scrip stood at Rs 122.00 and Rs 104.00 respectively. The current market cap of the company is Rs 618.64 crore.

The promoters holding in the company stood at 54.35% while Institutions and Non-Institutions held 6.88% and 30.71% respectively.  

Man Industries, one of the leading pipe manufacturing company has bagged export orders worth Rs 515 crore from South East Asia for supply of large dia meter pipes for oil and gas sector. The company’s order book stands at approximately Rs 1,500 crore, with this new order. The orders are to be executed over a period of next 9 to 12 months. 

Man Industries is an ISO 9001/14001/18001 accredited company, is a leading manufacturer of SAW Pipes and coating system for high pressure Oil & Gas applications with a potential production capacity of approximately one million MT of SAW Pipes per annum.

Man Industries Share Price

536.90 28.40 (5.59%)
17-Apr-2026 16:59 View Price Chart
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