By BullScreen Editorial Team 
Man Industries (India) shares surged more than 5% in early trade on Thursday after the company announced fresh supply orders worth ₹1,000 crore, boosting investor sentiment and strengthening its order pipeline.
The stock climbed 5.24% to an intraday high of ₹623.70 on the National Stock Exchange of India, compared to its previous close of ₹592.60. The rally also pushed the stock to its 52-week high, reflecting strong market confidence in the company’s growth visibility.
In an exchange filing, the company said it, along with its Saudi Arabia-based step-down subsidiary National Pipe Co. Ltd, secured new orders worth around ₹300 crore and ₹700 crore, respectively. These contracts involve the supply of different pipe products to both domestic and international clients and are expected to be executed within the next six to nine months.
Following the latest wins, Man Industries’ consolidated unexecuted order book has expanded to approximately ₹4,100 crore, giving the company stronger revenue visibility. The management has projected combined revenue potential of ₹8,500 crore by FY26, with EBITDA margins expected between 15% and 17%.
The latest order inflow highlights rising infrastructure and energy demand across global markets, where pipe manufacturers continue to benefit from expanding oil, gas, and industrial projects. The company’s strong execution pipeline and international presence could support future earnings momentum.
Man Industries has delivered impressive returns, rising 55% so far in 2026 and nearly 19.5% in the last five trading sessions, while its market capitalisation stands at around ₹4,503 crore.