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Man Industries specializes in producing submerged arc welded carbon steel pipes with large diameters, making it a key player in the global line pipe market.

The BSE midcap index decreased by 0.4%, while the smallcap index increased by 0.2%.

The company saw an 18.3% increase in revenue compared to the same quarter last year (YoY).

RR Kabel Ltd, a part of RR Global Group, is a prominent player in the Indian consumer electrical industry, specializing in wires and cables

The company is also planning to invest ₹1,000 Crore this year to establish new facilities for fans, lights, freezers, and cables.

Revenue from operations also saw growth, rising by 10.9% to ₹1,301.5 Crore from ₹1,174.1 Crore in the corresponding period of the previous fiscal year

The company’s board has recommended a dividend of ₹3.6 per share, with June 21 set as the record date to determine the eligibility of shareholders.

Returns tell just one part of the story, so we look at the returns adjusted for risk to get a clearer picture across funds

The fund-raising will be done through qualified institutions placement (QIP) or any other permissible modes and/or combinations.

According to a statement from Suzlon Group, the order would be carried out at two locations in Rajasthan and Gujarat.