Trending stocks: Man Industries stock price gains 1%

NEW DELHI: Shares of Man Industries traded 1.02 per cent up in Thursday 's trade at 10:42AM (IST).

Around 2749 shares changed hands on the counter. The stock opened at Rs 39.15 and touched an intraday high and low of Rs 39.9 and Rs 39.15 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 90.0 and a 52-week low of Rs 31.05 .


The company has started partial production at its plants.


Financials
Man Industries (India) Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 224.99 Crore) operating in Metals - Ferrous sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 532.78 Crore, up 74.09 % from last quarter Sales of Rs 306.03 Crore and up 3.37 % from last year same quarter Sales of Rs 515.43 Crore. The Company reported net profit after tax of Rs 29.30 Crore in latest quarter.

Man Industries (India) Ltd. key Products/Revenue Segments include Stainless Steel Tubes & Pipes which contributed Rs 1490.74 Crore to Sales Value (94.80 % of Total Sales), Other Operating Revenue which contributed Rs 79.59 Crore to Sales Value (5.06 % of Total Sales) and Sale of services which contributed Rs 2.06 Crore to Sales Value (0.13 % of Total Sales)for the year ending 31-Mar-2018.

Promoter holding
Promoters held 43.57944 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 4.9 and price to book value of 0.32 .