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Man Industries bags two orders worth Rs 750 cr

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Press Trust of India Mumbai

Pipe manufacturer Man Industries India today said it has bagged two orders totalling Rs 750 crore from GAIL (India) and from the Middle East and African continent for supplying pipes.

The company has bagged two orders worth Rs 200 crore from GAIL and Rs 550 crore from the Middle East and African continent, amounting to Rs 750 crore, Man Industries India said in a filing to the Bombay Stock Exchange (BSE).

With the latest order the company's total order book stands about Rs 2,500 crore, the filing added.

Shares of Man Industries India were trading at Rs 52.15 on the BSE, up 10.49 per cent from previous close.

 

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First Published: Aug 14 2009 | 2:45 PM IST

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