MAN Industries is currently trading at Rs. 71.00, up by 5.95 points or 9.15% from its previous closing of Rs. 65.05 on the BSE.
The scrip opened at Rs. 70.20 and has touched a high and low of Rs. 76.00 and Rs. 66.40 respectively. So far 1,98,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 110.50 on 10-Jul-2013 and a 52 week low of Rs. 51.10 on 04-Dec-2013.
Last one week high and low of the scrip stood at Rs. 76.00 and Rs. 61.05 respectively. The current market cap of the company is Rs. 413.00 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 has bagged an order worth Rs 700 crore from domestic and international customers for supply of large diameter pipes for Oil and Gas as well as water sector projects. With this, the company’s order book stood at around Rs 1200 crore.
In addition to the above confirmed order the company has outstanding bids over dollar one billion at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.
Man Industries (India) is engaged in manufacturing of LSAW Line Pipes, Hsaw Line Pipes and Aluminium Extruded Products. The company has received various certifications such as API, ISO-9001, ISO-9002, ISO-14001, and ISO-18001 for its quality management.
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