Man Industries has been in the green since morning and currently it is up over 5% at Rs.110 with an intra day high of Rs.114. Its 52-week high is at Rs.128.40 and low at Rs.44.40.

The stock is up reacting positively to the news that it has received orders worth Rs 700 crore for supply of pipes for oil, gas and water sector projects from international as well as domestic customers.

The company has stated that the orders will help expand the company's EBITDA margin in this fiscal by 12 to14% and the topline by 25-30%.