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MAN Industries bags USD 142.44 mn order from GAIL

Press Trust of India  |  New Delhi 

Pipe manufacturer today said it has bagged USD 142.44 million (around Rs 925 crore) order from GAIL (India) Ltd for supply of line pipes.

"has received a prestigious order for USD 142.44 million from GAIL (India) Ltd for supply of about 1,16,000 MT of line pipes for its Jagdishpur-Haldia-Bokaro- Dhamra Pipeline Project (JHBDPL), Phase II," the company said in a filing.

It further said: "With this new order, the outstanding order book as on date stands at approximately Rs 2,700 crore to be executed within a period of 9 to 12 months."

Shares of closed 20 per cent up at Rs 109.50 on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 12 2017. 16:48 IST