Man Industries (India) is in focus on the back of Rs 925 crore order win from GAIL India. In an interview to CNBC-TV18, RC Mansukhani, Chairman of the company discussed about this and more.
Speaking to CNBC-TV18, RC Mansukhani, Chairman of Man Industries says that the company has bagged an order of Rs 250 crore, which is expected to be completed within six months.
RC Mansukhani, Chairman of Man Industries believes the company‘s EBIDTA will be higher than usual-- in the range of 12-14 percent-- for the new orders.
Margins are in a comfortable position now because the rupee is in the range of 61-62/USD and most of the raw material is imported, says RC Mansukhani, Chairman, Man Industries.
Both Man Industries and Man Infraprojects will be merged and demerged and in the process every shareholder of Man Industries will get one share free in Man Infraprojects. Man Infraprojects is a totally debt-free company.
In an interview to CNBC-TV18, RC Mansukhani, group chairman, Man Industries Limited talks about the latest developments in his company and sector. He also outlines the road ahead for the company in FY12.
In an interview to CNBC-TV18, RC Mansukhani, group chairman of Man Industries spoke about the latest happenings in his company and the road ahead.