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Man Industries stock rallies after securing new orders worth Rs325cr

Man Industries said that this order reflects a robust business environment and also showcases the trust customers have in the company's technological and execution capabilities.

November 30, 2021 1:48 IST | India Infoline News Service
Man Industries secured new orders worth approximately Rs325cr. On Tuesday, the company's stock was trading on a bullish note.

In its regulatory filing, Man Industries said that this order reflects a robust business environment and also showcases the trust customers have in the company's technological and execution capabilities.

With these new orders, Man Industries unexecuted order book as on date stands at Rs1,650cr. These orders will be executed in six to seven months.

At around 1.42 pm, Man Industries was trading at Rs93.60 per piece up 1.4% on Sensex.

The stock has touched an intraday high and low of Rs95.95 per piece and Rs92.25 per piece respectively. 

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