Man Industries Shares Jump 8.28% After Winning ₹1,700 Crore Export Order

Mumbai, September 3, 2025: Man Industries (India) Limited share price opened with a significant rally today, on September 3. As of 10:04 AM, the shares are up by 8.28%, or 32.15 points and are currently trading at ₹420.65. This comes after the company announced today that it has secured a fresh order worth ₹1,700 crore.

Man Industries (India) Ltd operates in the iron and steel products segment, specialising in L-SAW line pipes, spiral pipes, and coating systems. It was established in 1988 and is headquartered in Mumbai, India. The company is listed on NSE with ticker symbol MANINDS and on BSE with code 531714.

Order For Supplying Coated Pipes Worth ₹1,700 Crore

Man Industries Limited announced that the order, placed by an international client, is worth ₹1,700 crore. As per the order, Man Industries is required to supply the client with various types of coated pipes. The company is required to execute the project within 6-12 months.

Deal to Strengthen Revenue Outlook and Expand Order Book

The significant order worth ₹1,700 crore is expected to boost the company’s revenue visibility for the next 6-12 months. Furthermore, the high worth of the order will also boost the order book of the company, which currently stands at approximately ₹4,700 crore.

Traded Volume At ₹47.30 Crore With 2,612 Crore Market Cap

As of 10:04 AM, the traded volume stands at 78.29 thousand shares, with a traded value of ₹47.30 crore. The current market cap of the company is ₹2,612 crore. The shares have traded within a range of ₹431.50-₹396.70, as of now.

Man Indus͏tries͏’ 8.28% s͏to͏ck surge r͏efl͏ects inve͏stor confidence in it͏s strong export win. With a ₹͏1,700 crore order enhancing revenue visibi͏lity and pushing t͏he order bo͏ok to ₹4,700 crore, the comp͏any’s m͏arket position looks streng͏thened. Coupled w͏ith its core ex͏per͏tise in L-SAW and͏ spiral pipes, the s͏to͏ck continues to re͏main on investor wa͏tc͏hlists for future growth op͏por͏tunities.

REF: https://nsearchives.nseindia.com/corporate/MANINDS_03092025093244_MIIL_Order_Annoucement_Rs1700_Cr_03092025.pdf

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