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Man Industries (India) Limited (NSE India Code : MANINDS)       STRONG BUY

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MANINDS Technical Levels

Resistance 2 243.07
Resistance 1 228.13
PIVOT 220.67
Support 1 205.73
Support 2 183.33

MANINDS Fundamentals

Earning Growth 1.22%
Profit Margin 5.17
PE 5.70
EPS 17.11
Quarter 30-Sep-11

MANINDS Futures

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MANINDS Options

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MANINDS Technical Levels


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MANINDS Share Price on 5-10-2012

Open 197.85
High 213.95
Low 197.8
Close 208.55
Volume 111949
Change 0.35 (0.17%)
Series EQ
Date of Listing 24-Jun-05
Paid Up Value 5
Face Value 5
Market Capital 0 Crores
52 Week High/Low 240.65 / 90.65
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Man Industries (India) Limited Company Profile

Man Industries (India) (MANIND), incorporated on May 19, 1988, is a leading manufacturer and exporter of large diameter carbon steel line pipes. Earlier known as Man Aluminium, it got its present name on Feb. 24, 1995. It is part of the Man Group of UK, a successful trading organization for over 32 years and also has business interests in the manufacture of aluminum extrusion products and large diameter line pipes. Man Aluminium, Man Infraprojects, and Man USA Inc. are other group companies. Longitudinal submerged arc welded (LSAW) line pipes are manufactured catering to the needs of high pressure, cross-country pipeline owners and operators; and helically submerged arc welded (HSAW) line pipes used in the conventional segments of oil transportation, water supply, sewerage, agriculture and construction, and also in high pressure onshore installation applications. All types of anti-corrosion coating such as 3LPE, FBE internal epoxy are offered. Manufacturing units are located at Pithampur in the Dhar district of Madhya Pradesh and Anjar in the Kutch district of Gujarat. With the commissioning of a new production line for HSAW pipes, the company becomes the first Indian company to manufacture 18-meter pipes. It now has capacity to manufacture over 2,500 Km of line pipes with coating systems every year. Quality certifications such as API, ISO-9001, ISO-9002, ISO-14001, and ISO-18001 have been achieved over time. The newly commissioned mill has started producing pipes for executing the USD 225 million single order from a prestigious US client and has shipped 18-meter HSAW pipes to its US client. Major export orders aggregated Rs 2,200 million including the order received from the oil and gas major Petronas of Malaysia for the supply of LSAW pipes in mid 2007. Gas Authority of India, Reliance Industries, Larsen & Toubro, Sonatrach (Algeria), Petrojet (Egypt), Saipem (Italy), NIGC (Iran), NMDC (Abu Dhabi), Qatar Petroleum, and Saudi Aramco (Saudi Arabia) are some of the other customers. The registered office is located at Man House, 102, S.V. Road, Opposite Pawan Hans, Vile Parle (W), Mumbai-400056.

MANINDS Intraday Realtime Chart

MANINDS Corporate Announcements

DATE PURPOSE
06-Aug-12 Disclosure under SEBI Takeover Regulations
31-Jul-12 Press Release
31-Jul-12 Disclosure under SEBI Takeover Regulations
31-Jul-12 Financial Result Updates
24-Jul-12 Disclosure under SEBI Takeover Regulations

MANINDS Corporate Actions

DATE PURPOSE
22-Aug-12 AGM/DIV RS 2 PER SHARE
15-Dec-11 Annual General Meeting / Dividend - Rs.2 Per Share
15-Dec-11 AGM/DIV-RS.2 PER SHARE

MANINDS Board Meetings

MEETING DATE PURPOSE
31-Jul-12 Un-audited Financial Results
24-May-12 Results/Dividend
07-Feb-12 Un-audited Financial Results
14-Nov-11 Un-audited Financial Results
11-Aug-11 Un-audited Financial Results

MANINDS Related companies

Symbol Company Name
ADHUNIK Adhunik Metaliks Limited
BEDMUTHA Bedmutha Industries Limited
BHUSANSTL Bhushan Steel Limited
ELECTHERM Electrotherm (India) Limited
ESL Electrosteel Steels Limited

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