Man Industries Share Price Jumps 10% on Fresh ₹1,700 Crore Export Order – Stock Market Today

Man Industries Share Price Jumps 10% on Fresh ₹1,700 Crore Export Order – Stock Market Today

Market Performance

Man Industries share price caught the spotlight in Wednesday’s trading session. The small-cap stock surged 9.5% to ₹426.55 per share, making it one of the notable movers in the stock market today.

Despite a dip of 8.39% in recent months, the company’s long-term journey has been remarkable. In just six months, the stock has nearly doubled with 99% gains. Over the past five years, it has delivered multibagger returns of 586%, rewarding patient investors with consistent growth.

Man Industries Bags ₹1,700 Crore Export Order

The real trigger behind Wednesday’s rally was a fresh order announcement. In its exchange filing, the company confirmed securing a ₹1,700 crore export order.

Key details from the order include:

  • Order Size: ₹1,700 crore
  • Nature of Work: Supply of coated pipes
  • Timeline: Deliveries scheduled within 6–12 months

With this addition, Man Industries’ pending order book now stands at ₹4,700 crore, reflecting strong visibility for upcoming quarters.

The company highlighted that this order not only strengthens its pipeline but also demonstrates continued customer confidence and a robust demand environment for its products.

Q1 FY2025 Results Snapshot

Last month, Man Industries released its Q1 FY2025 earnings, which painted a mixed but encouraging picture.

  • Net Profit: ₹27.6 crore, up 45.2% YoY from ₹19 crore
  • Revenue from Operations: ₹742.1 crore, slightly lower by 0.9% compared to ₹749 crore last year
  • EBITDA: ₹49.4 crore, up 28.2% YoY from ₹38.5 crore
  • EBITDA Margin: Improved to 6.6%, from 5.1% in the same period last year

While revenue saw a marginal decline, stronger profitability and expanding margins stood out as key positives in the quarter.

Company at a Glance

Man Industries operates in the steel pipe manufacturing space, with a focus on line pipes for oil, gas, and water transportation. Over the years, it has steadily grown its order book by securing contracts from both domestic and global clients.

Its ability to deliver large export orders, combined with steady operational improvements, has made it a stock to watch in the small-cap segment.

Summary

To sum it up, Wednesday’s trading activity around Man Industries share price was fueled by the ₹1,700 crore export order win. With its order book swelling to ₹4,700 crore and Q1 results showing profit growth and margin expansion, the company continues to maintain investor attention in the stock market today.

The combination of fresh orders, improving profitability, and long-term stock performance highlights how the company has managed to sustain its growth trajectory even amid sectoral challenges.

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