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Thursday, January 23, 2025 | 01:54 PM ISTEN Hindi

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Man Industries zooms 20% on order win of Rs 925 crore from GAIL (India)

The stock locked in upper circuit of 20% at Rs 110, also its 52-week high on the BSE, after the company received order worth of Rs 925 crore from GAIL (India).

Gail
Premium

SI Reporter Mumbai
Man Industries was locked in upper circuit of 20% at Rs 110, also its 52-week high on the BSE, after the company received order worth Rs 925 crore from GAIL (India).

“The company has received a prestigious order for USD 142.44 million (approx. Rs 925 crore) from GAIL (India) for supply of about 116,000 MT. of line pipes for its Jagdishpur-Haldia-Bokaro-Dhamra Pipeline Project (JHBDPL), Phase II,” Man Industries said in a BSE filing.

With this new order, the outstanding order book as on date stands at approx Rs 2,700 crore to be executed within a period of 9

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