Man Industries Secures ₹1,150 Crore Export Deal, Bolstering Global Presence
Man Industries (India) Ltd, a prominent player in the large diameter pipe manufacturing sector, has secured a substantial export order valued at approximately ₹1,150 crore. This significant contract, awarded by an international client, entails the supply of various pipes and is slated for completion within the next 6 to 12 months.
This major win underscores Man Industries’ robust position in the international infrastructure and energy sectors, showcasing its advanced technical prowess and efficient execution capabilities. The new order elevates the company’s total unexecuted order book to an impressive ₹3,500 crore.
Man Industries confirmed in its regulatory filing that the international entity granting this contract has no affiliation with any promoter group or related parties.
This achievement marks a key step in solidifying Man Industries’ global footprint and reflects the increasing worldwide confidence in the capabilities of Indian industries.
Man Industries Share
As of the latest market snapshot, shares of Man Industries (India) Limited (NSE: MANINDS) were trading at ₹396.15, marking a modest gain of 0.48% over the previous close of ₹394.25. The stock opened the day at ₹395.00 and witnessed an intraday low of ₹393.00, while climbing to a high of ₹418.50 during the session.
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