Pipe manufacturer Man Industries (India) Ltd said it has received orders worth Rs1,200 crore from various international and domestic customers including GAIL (India) Ltd for its Dabhol-Bangalore pipeline project.
These orders are for supply of approximately 200,000 tons of large diameter pipes, it said in a regulatory filing.
On Tuesday, Man Industries shares ended 1.7% up to Rs105 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.5% to 18,645 points.
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