Current Context
1. Stock Price: As of mid-November 2025, Man Industries is trading around ₹426–433.
2. 52-Week Range: Its 52-week low is ~₹201.55, and the high is ~₹468.
3. Business: It manufactures large-diameter LSAW and HSAW steel pipes for oil, gas, water, etc.
4. Financial Outlook: According to Tickertape, the company claims a strong order book (~₹4,700 Cr) and ongoing capex projects.
5. Regulatory Risk: Very importantly — SEBI has barred Man Industries and three top executives from the securities market for 2 years, for alleged fund diversion.
Risks
The SEBI ban is not just reputational — it's a major governance red flag.
If execution of orders slows, or costs escalate, profitability could suffer.
Liquidity risk: being a mid/small-cap pipe manufacturer, it may have volatility.
Macro risk: demand for large-diameter steel pipes is tied to sectors like oil & gas, infrastructure, which can be cyclical.
1. Stock Price: As of mid-November 2025, Man Industries is trading around ₹426–433.
2. 52-Week Range: Its 52-week low is ~₹201.55, and the high is ~₹468.
3. Business: It manufactures large-diameter LSAW and HSAW steel pipes for oil, gas, water, etc.
4. Financial Outlook: According to Tickertape, the company claims a strong order book (~₹4,700 Cr) and ongoing capex projects.
5. Regulatory Risk: Very importantly — SEBI has barred Man Industries and three top executives from the securities market for 2 years, for alleged fund diversion.
Risks
The SEBI ban is not just reputational — it's a major governance red flag.
If execution of orders slows, or costs escalate, profitability could suffer.
Liquidity risk: being a mid/small-cap pipe manufacturer, it may have volatility.
Macro risk: demand for large-diameter steel pipes is tied to sectors like oil & gas, infrastructure, which can be cyclical.
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.