Shares of MAN Industries (India) Ltd jumped sharply on Thursday, September 10, after the company announced new orders worth around Rs 600 crore from domestic and international customers. 

The stock surged as much as 19.2% to hit a fresh 52-week high of Rs 944 on the NSE, as investors responded positively to the stronger order pipeline.

The latest contracts involve the supply of various types of pipes and are expected to be executed over the next six to nine months. The company did not disclose the names of the customers but said the orders came from both domestic and overseas markets.

Following these wins, MAN Industries’ unexecuted order book has increased to nearly Rs 4,100 crore. The company said the new contracts reflect strong demand conditions and customer confidence in its manufacturing capabilities, technology and execution track record. The larger order book also provides better revenue visibility for the coming quarters.

MAN Industries manufactures large-diameter carbon steel pipes used across critical sectors such as oil and gas transmission, water supply and infrastructure. Its products serve both domestic and international markets, giving the company exposure to infrastructure spending as well as energy-related projects.

The latest order win adds to a strong growth period for the company. MAN Industries reported a consolidated net profit of Rs 77.95 crore for the June 2026 quarter, marking a 167% year-on-year increase from Rs 29.13 crore in the corresponding quarter last year. Revenue from operations also rose 41% year-on-year to Rs 1,009.92 crore from Rs 713.10 crore.

The company’s recent order inflows have also strengthened its growth outlook. With a sizable executable order book and demand from both Indian and overseas customers, investors are watching whether the company can maintain its execution pace and convert the order pipeline into sustained revenue and profit growth.

The stock has gained more than 59% over the past month and 118% in the last six months, highlighting the strong investor interest following the company’s improving order and earnings outlook.

MAN Industries shares eventually closed at Rs 879 on the NSE on Thursday, up around 10.91% from the previous close. 

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