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Moneycontrol Pro Ideas For Profit: Tracking Man Industries for the long-term

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Moneycontrol Pro Ideas For Profit: Tracking Man Industries for the long-term

Apr 13, 2021 5:22 AM

Man Industries (India) Ltd. is one of the leading manufacturers of SAW pipes with over three decades of experience. The company has a total installed capacity of 1 million metric tonnes per annum which 5 lakh tonne is for HSAW and 5 lakh tonne is for LSAW pipes.

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The manufacturing capacities are strategically located in the state of Gujarat and Madhya Pradesh which are well connected by rail, roads and ports.

It has a total order book of around Rs 1,900 crore which has to be executed in FY22 across sectors domestically and globally. In March and April, it has received orders of more than Rs 1,250 crore in the domestic and export market in the oil and gas and water segment.

In the special segment ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Nandish Shah gets details on how the company is expected to perform going forward.

Watch the video for more.

Disclaimer: The views and investment tips expressed by investment experts are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

(Edited by : Abhishek Jha)

First Published:Apr 13, 2021 2:22 PM IST

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