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MANINDSMan Industries (India) Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Man Industries (India) Limited manufactures, processes, sells, and trades in submerged arc-welded pipes and steel products in India. The company offers longitudinal submerged arc-welded (LSAW) and helically submerged arc-welded (HSAW) line pipes, external coatings and internal linings, electro resistance-welded (ERW) pipes, and hot induction bends (HIB) pipes. It serves customers in the oil, gas, petrochemicals, water dredging, and fertilizer industries. The company exports its products. Man Industries (India) Limited was incorporated in 1988 and is based in Mumbai, India.

866.10
1.18%
67Decent

Mkt Cap
₹6,489 Cr
P/E
37.3
P/B
3.0
Div Yield
0.00%
52W High
₹944.00
52W Low
₹302.05

Price & Volume

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Key Ratios

Market Cap (₹ cr)6,488.60
P/E37.25
P/B3.00
PEG1.72
ROE %9.23
ROCE %13.30
Debt / Equity0.30
EPS23.25
Revenue Growth %-5.00
Profit Growth %-20.60
Dividend Yield %0.00
Promoter Holding %57.49
FII Holding %0.71
DII Holding %
Beta0.47

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on MANINDS — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 64%

The picture

  • Debt/Equity: 0.30
  • Promoter holding: 57.5%
  • RSI: 75
  • MACD: bullish
  • Price vs EMA21: above
  • 1-month return: +50.3%

Bull case

  • Debt/Equity: 0.30
  • Promoter holding: 57.5%
  • RSI: 75
  • MACD: bullish

Bear case

  • Revenue growth: -5.0% YoY
  • Profit growth: -20.6% YoY
  • Volatility: 57% annualized
  • Max drawdown (1y): 36%

Key risks

  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -5.0% YoY
  • Profit growth: -20.6% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹866.10
Stop Loss
₹746.70
risk 13.8%
Target 1 (1.5R)
₹1,045.19
+20.7%
Target 2 (3R)
₹1,224.29
+41.4%
Support (20d)
₹599.45
Resistance (52w)
₹944.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹119.40/share
ATR (volatility)
₹47.76
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹47.76). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental37
Technical85
Momentum93
Risk (safety)46

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ARIES 1.49%
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