Man Industries share price jumps over 5% after ₹1,000 crore supply order book update

Man Industries (India) share price surged more than 5% during the early market hours on Thursday, June 18, after the iron and steel products maker announced that the company has secured orders worth ₹1,000 crore, according to an exchange filing.

Shares of Man Industries surged 5.24% to its intraday high of ₹623.70 on Thursday’s market, compared to ₹592.60 at the previous market close, according to NSE data. The company announced the order update before the opening bell on June 18.

As per the NSE filing, Man Industries disclosed that the company and its step-down subsidiary, National Pipe Co. Ltd, based out of Saudi Arabia, both have received new orders worth approx ₹300 crore and ₹700 crore, respectively.

Both the fresh orders are estimated to be delivered within the upcoming six to nine-month period from the date of the contract. Man Industries also said that the orders will comprise supplying various types of pipes to its domestic and international customers.

“Accordingly, the company's consolidated unexecuted order book stands at approx. Rs 4,100 crore,” the company informed the stock exchanges on Wednesday, June 18.

Man Industries estimates that the company’s combined revenue has the potential to reach ₹8,500 crore (both domestic and international business), with its combined EBITDA margin at 15-17% by the financial year ending 2026.

Man Industries' shares hit a 52-week high

Shares of Man Industries surged to a 52-week high of ₹623.70 during Thursday’s trading session, while the 52-week low was at ₹302.05 on February 2, 2026, according to the exchange data.

Man Industries shares have delivered more than 473% returns on their investment in the last five years, over 322% gains in the last three years, and more than 61% returns to investors in the past one year period, according to NSE data.

So far in the calendar year 2026, the company shares have surged 55% and have gained 9.8% in the last one month. Man Industries shares were trading 19.49% higher over the last five market sessions on the Indian stock market.

The company’s market capitalisation (m-cap) was trading around ₹4,503 crore as of the trading session on Thursday, June 18, 2026.