Man Industries has rallied 10% to Rs 71.75 on the BSE after bagging orders worth Rs 700 crore.
The company has bagged orders from domestic and international customers for the supply of large dia meter pipes for oil and gas as well as water sector projects, the company said in a filing with the BSE.
Man Industries is a leading manufacturer of saw pipes and coating systems for oil and gas applications.
The intra-day trading volumes surged on the counter of Man Industries on the BSE, with a total of 4.49 lakh shares trading thus far as against the two-week average of 0.16 lakh shares.
