Man Industries (India) Limited (MANINDS.NS)
Man Industries (India) Limited operates in the Steel industry of the Basic Materials sector, headquartered in Mumbai, MA, IN. The stock last traded at $599.45, up 4.04% on the session, giving a market capitalisation of $44.96B. Its beta of 0.47 implies it has historically moved less than the broad market.
Man Industries (India) Limited, established in 1988 and headquartered in Mumbai, India, is engaged in the production, processing, and domestic distribution of submerged arc welded (SAW) pipes and other steel goods. The company manufactures longitudinal SAW (LSAW) line pipes, which are essential for applications within the oil, gas, petrochemical, fertilizer, and dredging industries. Additionally, they produce helical SAW (HSAW) line pipes, serving various sectors including oil and gas transport, water infrastructure, sewage systems, agriculture, construction, and specialized high-pressure requirements. To ensure durability and performance, Man Industries provides a comprehensive range of protective coating systems, such as internal blasting and painting, concrete weight coatings, coal tar enamel, single-layer fusion-bonded epoxy, and multi-layer polyethylene and polypropylene solutions. The company also extends its sales reach through international exports.
Man Industries (India) Limited is most often compared with the following Basic Materials names: