Latest news with #ManIndustries
Business Standard
7 days ago
- Business
- Business Standard
Pix Transmission Ltd leads losers in 'B' group
Man Industries (India) Ltd, Ashima Ltd, Gallantt Ispat Ltd. and Tarsons Products Ltd are among the other losers in the BSE's 'B' group today, 12 August 2025. Man Industries (India) Ltd, Ashima Ltd, Gallantt Ispat Ltd. and Tarsons Products Ltd are among the other losers in the BSE's 'B' group today, 12 August 2025. Pix Transmission Ltd lost 11.27% to Rs 1238 at 14:30 stock was the biggest loser in the BSE's 'B' the BSE, 18321 shares were traded on the counter so far as against the average daily volumes of 2075 shares in the past one month. Man Industries (India) Ltd crashed 9.48% to Rs 401.6. The stock was the second biggest loser in 'B' the BSE, 2.06 lakh shares were traded on the counter so far as against the average daily volumes of 29135 shares in the past one month. Ashima Ltd tumbled 8.72% to Rs 23.87. The stock was the third biggest loser in 'B' the BSE, 37451 shares were traded on the counter so far as against the average daily volumes of 15245 shares in the past one month. Gallantt Ispat Ltd. pared 8.08% to Rs 712.95. The stock was the fourth biggest loser in 'B' the BSE, 55861 shares were traded on the counter so far as against the average daily volumes of 39109 shares in the past one month. Tarsons Products Ltd fell 7.45% to Rs 345.3. The stock was the fifth biggest loser in 'B' the BSE, 2.67 lakh shares were traded on the counter so far as against the average daily volumes of 3367 shares in the past one month.
Business Standard
7 days ago
- Business
- Business Standard
Man Industries (India) consolidated net profit rises 44.99% in the June 2025 quarter
Sales decline 0.88% to Rs 742.13 crore Net profit of Man Industries (India) rose 44.99% to Rs 27.62 crore in the quarter ended June 2025 as against Rs 19.05 crore during the previous quarter ended June 2024. Sales declined 0.88% to Rs 742.13 crore in the quarter ended June 2025 as against Rs 748.70 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 742.13748.70 -1 OPM % 6.625.04 - PBDT 50.8440.21 26 PBT 38.2627.50 39 NP 27.6219.05 45
Business Upturn
7 days ago
- Business
- Business Upturn
Man Industries shares fall over 6% despite Q1 profit growth
Man Industries saw its shares drop more than 6% today following the announcement of its Q1FY26 results. As of 9:51 AM, the shares were trading 6.21% lower at Rs 415.45. The company posted a solid 45% jump in net profit, reaching ₹27.6 crore for the quarter ended July 2025, compared to ₹19 crore in the same period last year. However, revenue from operations was slightly down by 0.9%, coming in at ₹742.1 crore versus ₹749 crore in Q1FY25. On a brighter note, the company's operating performance improved significantly. EBITDA rose 28% year-on-year to ₹49.4 crore, up from ₹38.5 crore a year ago. This helped the EBITDA margin climb to 6.6%, compared with 5.1% in the previous fiscal's first quarter. Looking ahead, Man Industries reported a robust executable order book of ₹3,200 crore, expected to be delivered over the next 6 to 12 months. Additionally, the company has a strong bid pipeline worth around ₹15,000 crore, which signals healthy revenue visibility for the near future. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
7 days ago
- Business
- Business Standard
Man Industries shares plunge 10% as revenue drops; check Q1 breakdown here
Shares of Man Industries fell over 10 per cent on Tuesday after the company reported a marginal decline in revenue in the June quarter of the current financial year (Q1FY26) The iron and steel products maker's stock fell as much as 10.11 per cent during the day to ₹398.1 per share, the biggest intraday fall since April 7 this year. The stock pared gains to trade 7 per cent lower at ₹412 apiece, compared to a 0.20 per cent advance in Nifty 50 as of 9:40 AM. Shares of the company are down 6 per cent from their peak in June and currently trade at 15 times the average 30-day trading volume, according to Bloomberg. The counter has risen 11.8 per cent this year, compared to a 4.2 per cent advance in the benchmark Nifty 50. Man Industries has a total market capitalisation of ₹2,771.77 crore. Man Industries (India) Q1 results The company reported a 44.99 per cent year-on-year (Y-o-Y) increase in net profit to ₹27.62 crore for the quarter ended June, compared with ₹19.05 crore in the same period last year. The growth came despite a 0.88 per cent decline in sales to ₹742.13 crore from ₹748.70 crore a year earlier. At the operating level, Ebitda rose 28.2 per cent to ₹49.4 crore from ₹38.5 crore, with the Ebitda margin improving to 6.6 per cent from 5.1 per cent in the year-ago quarter. The company's executable order book stood at ₹3,200 crore as of June 2025, with deliveries scheduled over the next six to 12 months. It also has a bid pipeline of around ₹15,000 crore. The company said that the export volumes in the quarter were impacted by deferments in certain scheduled consignments due to vessel availability issues arising from the Iran-Israel conflict. These shipments are now in transit and are expected to be accounted for in the current quarter. Man Industries management commentary The company reaffirmed its FY26 revenue growth guidance of 20 per cent, supported by the strong momentum expected in the second half of the fiscal year. "This confidence is underpinned by our robust production schedule for H2FY26 and steady order inflows, which are set to significantly enhance capacity utilisation." "The strong rise in profitability and healthy margin expansion this quarter underscores the resilience, scalability, and operational excellence of our business model," Nikhil Mansukhani, managing director, said. "With our capacity expansion projects in Saudi Arabia and Jammu progressing well, we are well on track to enhance production capabilities, drive efficiencies, and strengthen our footprint in both domestic and international markets."
Mint
04-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 4 July 2025
Breakout stocks buy or sell: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Thursday, July 3, amid mixed global signals. The Sensex dropped 170 points, or 0.20%, to settle at 83,239.47, while the Nifty 50 closed 48 points, or 0.19%, lower at 25,405.30. In the broader market, the BSE Midcap index edged down 0.06%, whereas the Smallcap index defied the downward trend with a gain of 0.47%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is still above the crucial support of 25,300 to 25,250. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,550 to 25,600. On breaking above this hurdle in a closing basis, we can expect the 50-stock index to touch 26,000 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Hubtown, Man Industries (India), OCCL, Kriti Industries (India), and Latent View Analytics. 1] Hubtown: Buy at ₹ 273.90, target ₹ 295, stop loss ₹ 264; 2] Man Industries (India): Buy at ₹ 439.50, target ₹ 475, stop loss ₹ 424; 3] OCCL: Buy at ₹ 126.7, target ₹ 137, stop loss ₹ 122; 4] Kriti Industries (India): Buy at ₹ 163, target ₹ 176, stop loss ₹ 157; 5] Latent View Analytics: Buy at ₹ 446.7, target ₹ 482, stop loss ₹ 430. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
