165% returns in 1 year! This multi-bagger stock hits all-time high in today's trade
Stock market today, multi-bagger stocks: The company announced it had received new orders of approximately Rs 380 crore.
Stock market today, multi-bagger stocks: Shares of Man Industries jumped as much as 8.78 per cent to hit an all-time high of Rs 255 apiece on the BSE on Monday, November 6, after the company announced it had received new orders of approximately Rs 380 crore.
"The total unexecuted order book as of today stands at approximately Rs. 1400 crores (Rupees one thousand four hundred crores only) to be executed in 6 months. This order reflects the robust business environment and showcases the trust of the customers they have in the company’s technological and executional capabilities," the company said in its regulatory filing on Monday, November 6.
About Man Industries
The Man Group was promoted by the Mansukhani family in 1970. It is a diversified group, with its flagship company, Man Industries (India) Ltd incorporated in 1988. The main business line includes the manufacturing and coating of large-diameter carbon steel pipes, infrastructure, real estate, and trading.
Man Industries share price
The stock of the company has rallied 165 per cent in the past 12 months. In comparison, the Nifty50 index has risen over 6 per cent in the past 12 months. The stock is part of the S&P BSE SmallCap index.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
08:55 PM IST