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The latest update is out from Man Industries (India) Limited ( (IN:MANINDS) ).
MAN Industries (India) Limited has inaugurated a new Spiral Mill and advanced Polyurethane Coating Facility at its Pithampur plant, increasing its production capacity by 50,000 TPA to a total of 150,000 TPA. This expansion allows the company to manufacture a wider range of pipe diameters, enhancing its ability to meet the growing demand in critical sectors. The investment of approximately Rs. 100 crores aligns with the company’s commitment to innovation and strengthens its position as a preferred supplier for major infrastructure projects in India and globally.
More about Man Industries (India) Limited
MAN Industries (India) Limited is a pioneer in pipe manufacturing and infrastructure solutions, focusing on producing high-quality pipes for critical sectors such as oil & gas, water transmission, and infrastructure development. The company is committed to technological innovation and sustainability, positioning itself as a leader in the global pipeline industry.
YTD Price Performance: -18.89%
Average Trading Volume: 23,718
Current Market Cap: 17.23B INR
See more data about MANINDS stock on TipRanks’ Stock Analysis page.