Pipe maker MAN Industries (India) Ltd on Tuesday reported more than doubling of its consolidated net profit to Rs 27.28 crore for the quarter ended September 30
The company had posted a net profit of Rs 3.63 crore during the same period a year ago
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).
The court, meanwhile, kept all contentions of both brothers for arbitration open. The cost of arbitration needs to be borne by both brothers equally, the court ordered