Man Industries (India) Ltd.MANINDS₹398.25 +1.01%

Man Industries (India) Ltd., a leading manufacturer of large-diameter pipes for the oil, gas, and water sectors, has secured an international order worth approximately ₹1,150 crores. The contract, awarded by an undisclosed global client, involves the supply of various types of pipes and is scheduled to be executed over the next 6 to 12 months.

This sizeable order reinforces Man Industries’ strong positioning in the global pipe export market and reflects the growing demand for high-quality Indian engineering products in international infrastructure projects. The contract highlights the company’s manufacturing and execution capabilities across complex specifications and timelines.

In a regulatory filing, the company confirmed that the awarding entity is an international customer, and the transaction does not fall under related-party dealings. There is also no promoter or group company interest in the awarding entity, ensuring full compliance and transparency.

The order further strengthens Man Industries’ robust order book and supports its long-term strategy of expanding its global footprint while continuing to serve critical energy and infrastructure needs worldwide.

Over the last three years, this stock has given multibagger returns of more than 390%.

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Note: The stock price mentioned is as of 1:15 PM.

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CIN: U65990KA2021PTC146954.