Mumbai based Man Industries (India) Limited has informed the share market (BSE/NSE) that the company bags orders from various domestic as well as International clients for supply of large dia meter pipes for Oil and Gas sector. These orders are worth Rs 550 cores and has to be executed over a period of 12 to 15 months. These are the long awaited orders and the executions will start from July 2011 onwards.
Now the company’s order book stands at Rs.1700 crores approximately.
Man Industries (India) Limited is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for Gas, Crude Oil, Petrochemical Products and Potable Water. The Company has state-of-the-art manufacturing facilities for LSAW & HSAW Line Pipes and also for various types of Anti-Corrosion Coating Systems.
Share’s Data :-
BSE Code : 513269
Mkt. Cap: Rs 393.46 Crores
Man Industries (India) Ltd. share’s CMP is Rs 71.15 on 8th Apr 2011.
Stay tuned to BelltheBull Blog for more news on Man Industries (India) Limited !Google+