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Man Industries (India)Bags ₹600 Crore Pipe Orders; Shares Gain Over 9%

Authored By HDFC SKY | Published at: Sep 10, 2026 04:06 PM IST

Man Industries (India) has disclosed new domestic and international pipe orders worth approximately ₹600 crore, taking its order book to about ₹4,100 crore, while shares climbed sharply in late-session trading.

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Man Industries (India)Bags ₹600 Crore Pipe Orders; Shares Gain Over 9%

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Mumbai September, 10: MAN Industries (India) Limited has received new orders worth approximately ₹600 crore from domestic and international customers for the supply of various types of pipes, according to an exchange disclosure dated September 10, 2026.

The company said the orders have been received from both domestic and international customers. The contracts cover the supply of various types of pipes and are expected to be executed within six to nine months.

With the latest additions, MAN Industries (India) said its total unexecuted order book stands at approximately ₹4,100 crore. The company described the order inflow as a reflection of the business environment and the trust of customers in its technological and execution capabilities.

Stock Market Snapshot

The MAN Industries (India) Share Price showed a sharp move higher in the later part of the trading session shown in the supplied market snapshot.

The stock traded around ₹865 to ₹870 in the latest portion of the chart, compared with a reference level near ₹793. This indicates a gain of more than 9% from the displayed reference level.

The shares remained under pressure through much of the morning and early afternoon, trading below the ₹800 mark. The trend changed after around 1:00 PM, followed by a stronger rise after 2:00 PM. The stock subsequently moved above ₹850 and climbed towards ₹930 before giving up part of the gains.

A notable increase in trading volume accompanied the sharp move towards the session high. The price movement is based on the market snapshot provided.

Orders Include Domestic And International Contracts

As per the regulatory filing, the newly received contracts have been awarded by domestic and international customers. The nature of the contracts is the supply of various types of pipes.

The company has stated that the orders are expected to be executed within six to nine months. The disclosed order value is approximately ₹600 crore.

The filing also states that the promoter or promoter group has no interest in the entities that awarded the contracts and that the orders do not fall within the related-party transaction framework.

MAN Industries (India)Has ₹4,100 Crore Unexecuted Order Book

MAN Industries (India) is engaged in the manufacture and supply of pipes and related products, serving customers across domestic and international markets.

The company’s latest disclosure puts its unexecuted order book at approximately ₹4,100 crore. The fresh contracts therefore add to an existing pipeline of business that the company will execute over the coming months.

MAN Industries (India) said the latest orders demonstrate the robustness of its business environment and reflect customer confidence in its technological capabilities and execution strength.

Conclusion

MAN Industries (India) has secured new domestic and international orders worth approximately ₹600 crore for the supply of various types of pipes.

The contracts are scheduled to be executed within six to nine months, while the company’s total unexecuted order book has risen to approximately ₹4,100 crore, according to the exchange disclosure.

On the equity market, the MAN Industries (India) share price moved sharply higher in the latter part of the session, reaching levels near ₹930 before paring some gains. The supplied market snapshot showed the stock around ₹865 to ₹870, representing a gain of more than 9% from the displayed reference level.

 

Source:

  • https://www.bseindia.com/stock-share-price/man-industries-india-ltd/maninds/513269
Disclaimer

The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.

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