MAN Industries | Elliott Wave Setup – target 700MAN Industries is forming a structured uptrend aligned with Elliott Wave Theory, currently progressing into the final leg of the impulse cycle.
Structure Breakdown:
* Wave 1–2: Base formation followed by a mild correction
* Wave 3: Strong impulsive move with sharp price expansion
* Wave 4: Pullbac
Man Industries (India) Limited
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EPS estimate
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Revenue estimate
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26.90 INR
1.53 B INR
35.05 B INR
31.60 M
About Man Industries (India) Limited
Sector
Industry
CEO
Nikhil Ramesh C. Mansukhani
Website
Headquarters
Mumbai
Founded
1988
IPO date
May 16, 1995
Identifiers
2
ISIN INE993A01026
Man Industries (India) Ltd. engages in the provision of manufacturing, processing, and trading of submerged arc welded pipes and steel products. It offers LSAW, HSAW, and coating. The company was founded by Jhamak Lal Mansukhani and Ramesh Chandra Mansukhani on May 19, 1988 and is headquartered in Mumbai, India.
Related stocks
Weekly Cup & Handle Breakout | Positional SwingSetup Type: Cup & Handle
Timeframe: Weekly
Instrument: Cash (Equity)
Current Price (approx): ₹461.95
📊 Technical Observation
Clear multi-month Cup & Handle structure visible on the weekly chart.
Price has approached the descending resistance trendline (neckline zone).
Recent candles show strong
MANINDS (Man Industries) Seems BullishMANINDS (Man Industries)
Trend & Setup: The stock is currently moving in a tight sideways consolidation range after breaking out from its 50-DMA and 200-DMA. It has a strong fundamental tailwind with a robust order book of ~₹3,200 Cr. Volatility has contracted (ATR is dropping), which is exactly wh
Man Industries (W): Bullish, Turnaround with Volatility(Timeframe: Weekly | Scale: Logarithmic)
The stock is in a confirmed structural uptrend (Higher Lows) following a year-long correction. It is currently battling a critical multi-year resistance zone, backed by strong fundamental news and rising volume.
📈 1. The Structural Turnaround (The "Big Pi
#MANINDS: Big Weekly Breakout Loading!CMP: 464.40
A large weekly cup-and-handle is taking shape, with a strong bullish candle signaling a breakout attempt.
🛡 Supports: 437 / 523 – 413 / 380 – 367
🚧 Resistances: 469 / 513 (ATH)
⚡️ Breakout Trigger: WCB above 469
🎯 Pattern Targets: 578 / 740+ (~26% & ~62% from CMP)
⛔ Negat
MANINDS 1 Month Time FrameCurrent Context
1. Stock Price: As of mid-November 2025, Man Industries is trading around ₹426–433.
2. 52-Week Range: Its 52-week low is ~₹201.55, and the high is ~₹468.
3. Business: It manufactures large-diameter LSAW and HSAW steel pipes for oil, gas, water, etc.
4. Financial Outlook: According
Man Industries (Daily Timeframe) - Upside or Downside??Man industries has been on an uptrend since March 03, 2025 and it tried to BreakOut of the key resistance zone, but invain. Today the stock gained 6% with huge volume. Since March 03, 2025, the stock has been respecting the angular support trendline while making Higher Lows. If we observe carefully,
Amazing breakout on WEEKLY Timeframe - MANINDSCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the break
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
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Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of MANINDS is 536.90 INR — it has increased by 5.19% in the past 24 hours. Watch Man Industries (India) Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange Man Industries (India) Limited stocks are traded under the ticker MANINDS.
MANINDS stock has risen by 17.10% compared to the previous week, the month change is a 24.25% rise, over the last year Man Industries (India) Limited has showed a 86.42% increase.
We've gathered analysts' opinions on Man Industries (India) Limited future price: according to them, MANINDS price has a max estimate of 694.00 INR and a min estimate of 506.00 INR. Watch MANINDS chart and read a more detailed Man Industries (India) Limited stock forecast: see what analysts think of Man Industries (India) Limited and suggest that you do with its stocks.
MANINDS reached its all-time high on Jul 8, 2024 with the price of 513.00 INR, and its all-time low was 21.50 INR and was reached on Mar 9, 2009. View more price dynamics on MANINDS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MANINDS stock is 7.70% volatile and has beta coefficient of 2.14. Track Man Industries (India) Limited stock price on the chart and check out the list of the most volatile stocks — is Man Industries (India) Limited there?
Today Man Industries (India) Limited has the market capitalization of 38.14 B, it has increased by 2.98% over the last week.
Yes, you can track Man Industries (India) Limited financials in yearly and quarterly reports right on TradingView.
Man Industries (India) Limited is going to release the next earnings report on Jun 2, 2026. Keep track of upcoming events with our Earnings Calendar.
MANINDS net income for the last quarter is 550.40 M INR, while the quarter before that showed 369.80 M INR of net income which accounts for 0.00% change. Track more Man Industries (India) Limited financial stats to get the full picture.
Man Industries (India) Limited dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.56% and 11.48% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 17, 2026, the company has 2.07 K employees. See our rating of the largest employees — is Man Industries (India) Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Man Industries (India) Limited EBITDA is 4.19 B INR, and current EBITDA margin is 8.67%. See more stats in Man Industries (India) Limited financial statements.
Like other stocks, MANINDS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Man Industries (India) Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Man Industries (India) Limited technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Man Industries (India) Limited stock shows the strong buy signal. See more of Man Industries (India) Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









