The said order will be executed in next 6 months.
Man Industries is a leading manufacturer and exporter of large diameter carbon steel line pipes for various high pressure transmission applications for gas, crude oil, petrochemical products and potable water.
The company reported consolidated net profit of s 39.04 crore in Q2 FY24 as compared with net loss of Rs 5.09 crore posted in Q2 FY23. Net sales surged 118.9% YoY to Rs 1,018 crore in Q2 FY24.
The scrip hit an all-time high at Rs 369.95 in today’s intraday session.
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