Man Industries resume regular operations at Anjar plant
Man Industries (India) Limited, one of the leading large-diameter pipe manufacturing companies announced that it has received permission from Competent Authority of Kachchh (Gujarat), allowing them to start regular operations and manufacturing activity at the company's Anjar Plant as per the guideline of Ministry of Home Affairs.
Accordingly, the full-fledged production at the company's Anjar plant is being resumed immediately. The company further announced that all precautionary measures are being taken to avoid any infection and ensure the safety of the workforce at all times 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 1.50 pm on Wednesday, the stock was trading at Rs 40.20, down by 1.11 per cent or Rs 0.45 per share. The 52-week high is recorded at Rs 72 and the 52-week low is Rs 31 on BSE.