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Man Industries (India) Ltd (MANINDS)

₹4092.64%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Man Industries (India) Ltd share Performance

  • ₹400
    ₹424.6
    ₹409
    downward going graph

    2.20%

    Low

    Day's Volatility:6.01%

    High

    3.81%

    downward going graph
  • ₹91.4
    ₹459
    ₹409
    downward going graph

    77.65%

    Low

    52 Weeks Volatility:89.88%

    High

    12.22%

    downward going graph
1 Month Return10.31 %
3 Month Return12.88 %
1 Year Return346.44 %
Previous Close₹420.10
Open₹416.00
Volume1.15L
Upper Circuit-
Lower Circuit-
Market Cap₹2,719.53Cr

Analyst Rating

based on 1 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 1 analysts offering long term price targets for Man Industries (India) Ltd. An average target of ₹422

Source: S&P Global Market Intelligence

Company Information

MAN Group UK's flagship company, MAN Industries India Limited (formerly MAN Aluminium Limited), was founded in 1988 with the goal of manufacturing aluminium extrusions. Today, the company is a top provider of large diameter carbon steel (LSAW and HSAW) line pipes for various applications like gas, oil and water transmission. It is certified with ISO 9002 and has offices in U.K., U.A.E. and India. The company has further strengthened its production line support by a strategic tie-up with Mitsubishi and Sumitomo in 2000 and a joint venture with Aluchem Inc. of US in 2004. Over the years, MAN Industries India Limited (MANIIL) has secured large orders from worldwide clients and happens to be the biggest manufacturer of LSAW and HSAW line pipes with a manufacturing capacity of one million tons utterly. In 2009, the company joined hands with Little Rock Port in USA to set up a production facility worth USD 100 million and in 2021, its two subsidiaries Man Offshore and Drilling Limited and Man Stainless Steel Tubes Limited were added.

Share Price: ₹409.00 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,719.53Cr as of today
Revenue: ₹833.02Cr as on December 2023 (Q4 23)
Net Profit: ₹30.60Cr as on December 2023 (Q4 23)
Listing date: 17 May, 1995
Chairperson Name: R C Mansukhani
OrganisationMan Industries (India) Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Man Industries (India) Ltd

  • Ace Investor Ashish Kacholia Buys Stake in Man Industries - 29 Apr, 2024

    Ashish Kacholia has acquired a 2.1% stake worth Rs. 57.2 crores in Man Industries, which has three manufacturing facilities and an outstanding bid for over Rs. 11,000 crores of oil, gas, and water projects. The stock has delivered a multibagger return of 350% to shareholders in one year.

  • Ashish Kacholia Buys 2.10% Stake in Man Industries (India) Ltd - 25 Apr, 2024

    Well-known Indian investor Ashish Kacholia has purchased a 2.10% stake in Man Industries (India) Ltd, which has delivered over 350% returns to its positional shareholders in the last year and doubled investors' money in the last six months.

  • Man Industries (India) Ltd Jumps 16% This Week - 23 Apr, 2024

    Despite earnings growth tracking behind five-year shareholder returns, Man Industries (India) achieved compound EPS growth of 9.9% per year and a total shareholder return of 584% over the last 5 years, largely due to dividend payments.

  • Man Industries Targets 20-25% Revenue Growth in FY25 - 22 Apr, 2024

    Man Industries aims for a revenue growth of 20-25% with an EBITDA margin of 11-12% in FY25. The company received approval from Shell Global to coat steel pipelines, adding value to their offerings. They plan to generate INR 500 crore by selling off real estate in Navi Mumbai over the next five years.

  • Man Industries Receives Approval from Shell Global for Steel Pipeline Coating - 19 Apr, 2024

    Man Industries (India) Ltd's stock gained over 2% after the company received approval from Shell Global Solutions International BV for the coating of steel pipelines produced at their Anjar mill in Gujarat. The approval confirms compliance with Shell's Design and Engineering Practices (DEPs).

  • Man Industries (India) Appoints New CFO - 01 Apr, 2024

    Man Industries (India) has appointed Sanjay Kumar Agrawal as the new Chief Financial Officer effective from 1 April 2024. The company's Q3 FY24 net profit slipped 17.7% to Rs 30.60 crore, while net sales jumped 26.6% YoY to Rs 833.02 crore.

Fundamentals of Man Industries (India) Ltd

Insights on Man Industries (India) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, MANINDS stock has moved up by 89.9%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MANINDS has outperformed top 5 stocks with highest market-cap in Oil Related Services and Equipment

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 47.60% to 48.90% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MANINDS has outperformed top 5 stocks with highest market-cap in Oil Related Services and Equipment

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.00% to 1.26% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 49.62% to 46.15% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 39.04 Cr → 30.6 Cr (in ₹), with an average decrease of 21.6% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.03K Cr → 847.37 Cr (in ₹), with an average decrease of 18.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 2.14% to 1.64% in Mar 2024 quarter

Man Industries (India) Ltd Valuation

Man Industries (India) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.61x)

May 22, 2020

Today (23.33x)

April 26, 2024

Industry (26.27x)

April 26, 2024

Highest (93.26x)

January 19, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
ITI Multi Cap Fund Direct GrowthITI Multi Cap Fund Direct Growth0.84%
ITI Flexi Cap Fund Direct GrowthITI Flexi Cap Fund Direct Growth0.8%
ITI Mid Cap Fund Direct GrowthITI Mid Cap Fund Direct Growth0.79%
ITI Large Cap Fund Direct GrowthITI Large Cap Fund Direct Growth1.47%
ITI Value Fund Direct GrowthITI Value Fund Direct Growth1.98%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
46.15%
0.00
Foreign Institutions
1.64%
0.00
Mutual Funds
1.26%
0.00
Retail Investors
48.9%
0.00
Others
2.06%
0.00

Technicals of Man Industries (India) Ltd share

News & Events of Man Industries (India) Ltd

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Man Industries (India) Ltd (MANINDS) share price today is ₹409

Man Industries (India) Ltd is listed on NSE

Man Industries (India) Ltd is listed on BSE

  • Today’s highest price of Man Industries (India) Ltd is ₹424.6.
  • Today’s lowest price of Man Industries (India) Ltd is ₹400.

PE Ratio of Man Industries (India) Ltd is 23.33

PE ratio = Man Industries (India) Ltd Market price per share / Man Industries (India) Ltd Earnings per share

Today’s traded volume of Man Industries (India) Ltd(MANINDS) is 1.15L.

Today’s market capitalisation of Man Industries (India) Ltd(MANINDS) is ₹2719.53Cr.

Man Industries (India) Ltd(MANINDSPrice
52 Week High
₹459
52 Week Low
₹91.4

Man Industries (India) Ltd(MANINDS) share price is ₹409. It is down -10.89% from its 52 Week High price of ₹459

Man Industries (India) Ltd(MANINDS) share price is ₹409. It is up 347.48% from its 52 Week Low price of ₹91.4

Man Industries (India) Ltd(MANINDSReturns
1 Day Returns
-11.1%
1 Month Returns
10.31%
3 Month Returns
12.88%
1 Year Returns
346.44%