DIAMETER PIPES
Man Industries gets new orders worth Rs 490 cr
Man Industries Managing Director Nikhil Mansukhani said, "The start of the year is proving exceptionally strong. We expect the momentum to continue."
Man Industries bags new orders worth Rs 505 crore
Man Industries (India) Ltd secures new export orders worth Rs 505 crore for various types of pipes from an international company, adding to its unexecuted order book of approximately Rs 2,100 crore.
9 most durable and flexible garden hose pipes in India
Garden hose pipes are essential tools for outdoor tasks like watering plants, washing cars, or cleaning outdoor spaces. With so many options available, finding the right one can be overwhelming. But don't worry! In this article, we've carefully selected the best garden hose pipes for you. Each hose is chosen for its quality, durability, and versatility. Whether you need a heavy-duty hose for tough jobs or a lightweight one for easy handling, our list has something for everyone.
Drilling resumes at Silkyara tunnel, PM Modi speaks to Dhami on rescue operations
41 workers trapped in the Silkyara tunnel may soon see a way out as drilling with the American auger machine resumed. Steel pipes have reached 39 meters into the rubble, with 14 more meters to go. Officials hope to complete the passage for evacuation by the Igas festival, a celebration in the Garhwal region, signaling progress after PM Modi's updates on the rescue and ongoing support efforts.
Silkyara Tunnel collapse: Trapped workers to be rescued with almost metre-long steel pipe
NHIDCL, the firm building the tunnel, in a report released to media Monday afternoon said that while removal of loose muck continues along with shotcreting (concrete spraying) inside the tunnel, the strategy is to push inside a steel pipe of 900 mm diameter with the help of a hydraulic jack to evacuate the trapped workers.
Hi-Tech Pipes Q2 Results: Net profit grows two-fold to Rs 10.53 crore
Hi-Tech Pipes' Managing Director Ajay Kumar Bansal said during this quarter the company reported its highest ever revenue from operations. The healthy order book from government projects like Jal Jeevan Mission helped in maintaining a good momentum.
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Hi-Tech Pipes Q4 Results: Net profit rises 42% to Rs 16 crore
Hi-Tech Pipes Ltd has reported a 42% increase in its consolidated net profit to nearly INR 16 crore in the March 2023 quarter, driven by higher revenues. The revenue from operations increased by 18% to INR 701.85 crore compared to the year-ago quarter. Its Chairman and Managing Director (CMD) Ajay Kumar Bansal said that the company has registered the highest-ever sales volume, revenue, PAT, and EBIDTA during this quarter. Additionally, its greenfield facility of large diameter pipes in Gujarat is expected to commence commercial production from the third quarter of FY24.
Elections & Infrastructure: 4 construction & contract companies with ‘strong buy’ and ‘buy’ rating can rise up to 44%
Karnataka was the first state election in the series of elections which we will witness in 2023 before the general election of 2024. The government spending on infrastructure projects, which has remained at elevated levels for many years, may see a further push as many state governments rush to complete and announce more of them. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
5 smallcaps from infrastructure space with "Strong Buy" and "Buy" ratings can rise up to 42%
The government spending on infrastructure projects has remained at elevated levels for the last many years, this had a trickle down effect on many parts of the economy. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Nord Stream pipeline leakages: Who may be behind it? Read to know
The Nord Stream pipeline leakages have become a huge cause of concern for Europe. As the matter is linked to the West and Russia, it may get escalated for the worse.
Welspun Corp Limited bags US order worth over Rs 5,000 crore
Vipul Mathur, Managing Director and Chief Executive Officer, Welspun Corp, said the single largest order comes out of the understanding of customer’s needs, quality orientation and execution track record coupled with modern technology and innovation.
MAN Industries bags pipe manufacturing orders worth Rs 225 cr
These new orders showcase a strong mounting of the business environment and the trust that customers have in Man Industries' state-of-the-art technologies, industry expertise and execution capabilities, it said.
Venus Pipes and Tubes likely to file DRHP this week to raise up to Rs 225 crore
The IPO will entirely be a fresh issue.
Government extends anti-dumping duty on seamless tubes, pipes till October
"...the anti-dumping duty imposed under this notification shall remain in force up to and inclusive of the 31st October, 2021, unless revoked, superseded or amended earlier," the Central Board of Indirect Taxes and Customs (CBIC) has said in a notification.
Man Industries wins Rs 500 crore domestic, overseas contracts
"Man Industries (India) Limited, one of India's leading Large Diameter Pipe manufacturing companies, has announced today that the company has received new orders of approx Rs 500 crore in both domestic and export markets of oil and gas as well as water segments," the company said in a statement.
MAN Industries Q4 results: Registers PAT at Rs 12 crore
The company had posted a PAT of Rs 1.59 crore during the year-ago quarter, it said.
What are pipes and pipe fittings used for and CPWD guidelines for properly stacking and storing them in construction sites
To standardize the storage, handling and stacking process for pipes and pipe fittings, CPWD publishes specifications which are followed by PWDs, PSUs, engineering departments, architects and builders across the country.
Alloy Steel: Everything you need to know about alloy steels and their role in building and construction industry
When other elements comprising metals and non-metals are added to carbon steel, alloy steel is formed. The composition and proportion of alloying elements determine the various properties of alloy steel.
US imposes preliminary anti-dumping duties of over 50% on metal pipes made in India
The Commerce Department said it will make a final ruling in November on whether the pipe from India and China is dumped into the US market.
New robotic device to fix pipe leaks from inside
New York, July 19 (IANS) Here's a new robot that can inspect water or gas pipes from the inside -- no matter what the pipes are made of -- and find leaks long before they become catastrophic, say researchers.
West Bengal government to soon introduce new fishing method 'cage culture'
This will also help to bring down the pressure on the lakes and inland hatcheries.Scientists are also researching the viability of pearl culture in t cages.
Welspun gets US president Trump's nod to supply pipes to KeyStone XL project
The work on the Keystone XL pipeline project is being executed by Welspun Global Trade, part of the Welspun Group.
DGAD recommends anti-dumping duty on steel pipes from China
Earlier this year in May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, among others, imported from China.
Government slaps anti-dumping duty on steel pipes and tubes from China
Imposition of the duties might affect price levels of the downstream products and consequently have some influence on relative competitiveness of these products.
Government may impose anti-dumping duty on drilling pipes from China
India is likely to impose anti-dumping duty on import of certain types of iron and steel pipes from China used in drilling for oil and gas exploration.
Essar Steel to supply pipes for Gujarat government's water management project
Essar Steel will supply 1.2 lakh tonnes of Helical Submerged Arc Welding pipes, which are 12-m long and 120 inches in diameter.
Man Industries surges 17% intraday on Rs 700 crore order
Man Industries has outstanding bids over $1 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad.
Welspun Corporation bags Rs 819 crore orders
Welspun Corporation, a large diameter pipe manufacturer, today said it has bagged orders worth Rs 819 crore from overseas & domestic markets.
Man Industries gets Rs 800 crore order for supply of large diameter pipes
Man Industries has bagged orders worth Rs 800 crore from the Middle East and domestic customers for supply of large diameter pipes for oil and gas sector.
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