Man Industries India Ltd. has received new order worth approximately Rs. 807 crores (Rupees Eight Hundred Seven crores) from Indian Oil Corporation Ltd. (IOCL) for supply of API High Grade Large Diameter Carbon steel pipes along with coating.
With this new order the unexecuted order book as on date stands at approximately Rs. 1500 Crores (Rupees One Thousand Five Hundred Crores) to be executed in Six to Eight months.
This order reflects robust business environment and also showcases the trust that customers have in the Company's technological and executional capabilities.
EQUITYBULLS
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