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Man Industries (India) Limited ( (IN:MANINDS) ) has issued an update.
Man Industries (India) Limited has inaugurated a new advanced Spiral Mill and Polyurethane Coating Facility at its Pithampur plant, increasing its annual production capacity from 100,000 TPA to 150,000 TPA. This expansion, with an investment of approximately Rs. 100 crores, allows the company to manufacture pipes ranging from 12” to 120” in diameter, improving its manufacturing capabilities and potentially strengthening its position in the market.
More about Man Industries (India) Limited
Man Industries (India) Limited operates in the manufacturing industry, focusing on the production of pipes and coatings. The company specializes in spiral pipes and polyurethane coatings, with a market focus on enhancing manufacturing capabilities and expanding production capacity.
YTD Price Performance: -18.89%
Average Trading Volume: 23,718
Current Market Cap: 17.23B INR
For a thorough assessment of MANINDS stock, go to TipRanks’ Stock Analysis page.