Man Industries, one of the leading pipe manufacturing company, has recently bagged orders aggregating to Rs.7 billion from domestic and international customer for supply of large diameter pipes for oil and gas as well as water sector projects.

With this order, the company has a built up order book of around Rs.12 billion.

In addition to the above confirmed order, the company has outstanding bids over USD 1 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad. 

Shares of the company gained Rs 0.7, or 1.09%, to settle at Rs 64.70. The total volume of shares traded was 52,003 at the BSE (Wednesday).