Man Industries saw its shares jump 9% today after announcing that it has secured a significant new export order worth approximately Rs 1,700 crores. The company expects to deliver this order over the next 6 to 12 months.
With this new addition, Man Industries’ total unexecuted order book now stands at around Rs 4,700 Crores, highlighting the strong demand for its products and the confidence international customers have in the company’s technology and execution capabilities.
Key details of the order:
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Customer: International client
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Order Type: Supply of various types of coated pipes
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Order Size: Approx. Rs 1,700 Crores
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Execution Timeline: Next 6–12 months
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Related Parties: No involvement of promoters or group companies; not a related party transaction
This new international order reflects a healthy business environment for Man Industries and adds another significant milestone to the company’s growth trajectory.
Man Industries shares saw a strong movement in early trading today, opening at ₹392, slightly above the previous close of ₹389. The stock touched a low of ₹392 and a high of ₹430.95 during the day, signaling notable intraday volatility. Over the past year, Man Industries has demonstrated substantial growth, with a 52-week low of ₹201.55 and a high of ₹468
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