Man Industries partly resume operations at Anjar plant
Man Industries (India) Ltd, one of the leading large-diameter pipe manufacturing companies, announced that it has partially resumed operations at its Anjar plant (Gujarat) in compliance with the directives provided by Indian Government.
The company is starting with LSAW and HSAW pipe operations and will gradually increase operations by next week as permitted by the Ministry of Home Affairs.
The company stated in a press release that all precautionary measures are being taken to avoid any infection and ensure the safety of the workforce at the plant.
Man Industries (India) Limited is engaged in the manufacturing and coating of large diameter carbon steel pipes, infrastructure, realty and trading. The company is a manufacturer and exporter of large diameter carbon steel line pipes for various high-pressure transmission applications for gas, crude oil, petrochemical products and potable water.
At 11 am on Thursday, the stock was trading at Rs 39.80, up by 1.02 per cent or Rs 0.40 per share. The 52-week high is recorded at Rs 72 and the 52-week low is Rs 31 on BSE.