Man Industries wins orders worth ₹380cr; Stock up ~2%

Man Industries (India) Limited shares rally during Monday's trading session as the company gets new orders of ~₹380cr.

As per the regulatory filing, the total unexecuted order book as on today stands at approximately ₹1400cr and order to be executed in 6 months, the company said.

Further, the order is supply of various types of pipes and it is domestic/international in the nature.

“This order reflects the robust business environment and showcases the trust of the customers they have in the Company’s technological and executional capabilities”, Man Industries further added.

At around 10:48 AM, shares of Man Industries were trading higher by 1.83% at ₹238.70 per share on the BSE on Monday.