{"id":116339,"date":"2023-12-28T15:27:36","date_gmt":"2023-12-28T09:57:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=116339"},"modified":"2023-12-28T16:21:45","modified_gmt":"2023-12-28T10:51:45","slug":"stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation\/","title":{"rendered":"Stock jumps up to 9% after the successful testing of its pipes for safe hydrogen transportation\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3018152891\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger stock engaged in the manufacturing and trading of steel pipes used in oil and gas, the hydrogen industry, and many other industries jumped 9 percent in the day\u2019s trade following receiving certification from the European Research Centre for hydrogen transport.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-442579263\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 1:58 p.m the shares of Man Industries (India) Limited were trading at Rs. 272.95, up 7.72 percent from its previous day\u2019s close price of Rs. 253.40 and its market capitalization is Rs. 1,641 Crores. It has delivered multi-bagger returns of 242 percent in a year.&nbsp;<\/p><p>Man Industries Limited has achieved a significant milestone after the successful testing of its pipes for safe hydrogen transportation conducted by a leading European Research Centre for hydrogen transport.&nbsp;<\/p><p>The accomplishment marks a critical milestone in addressing a major hurdle in the shift to a hydrogen-based ecosystem i.e. efficiently delivering Hydrogen Gas to the point of use.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1168273037\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The Hydrogen Service test ensures structural integrity and safety for hydrogen transport. This certification safeguards against challenges related to hydrogen&#8217;s small molecule size permeating materials more easily than other gases. This successful test underscores the company\u2019s commitment to innovation and sustainability.&nbsp;<\/p><p>Man Industries Limited is engaged in the business of manufacturing and trading longitudinal submerged arc welded (LSAW) and helically submerged arc welded (HSAW) pipes used for various purposes in industries such as oil &amp; gas, water supply, sewerage, agriculture, construction, and many more. It has made Further diversification into Seamless Stainless Steel Pipe to serve the Chemical, Oil and gas, and Fertilizers industry.&nbsp;<\/p><p>It has a strong customer base with well-known players like Reliance, Larsen &amp; Toubro, ONGC, Adani, Shell Global Solutions, BPCL, IOCL, Kuwait Oil Compan and many more.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 4.34 percent from Rs. 2,138.63 Crores in FY22 to Rs. 2,231.34 Crores in FY23, accompanied by profits of Rs. 101.58 Crores to Rs. 68 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2338789257\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger stock engaged in the manufacturing and trading of steel pipes used in oil and gas, the hydrogen industry, and many other industries jumped 9 percent in the day\u2019s trade following receiving certification from the European Research Centre for hydrogen transport.&nbsp; At 1:58 p.m the shares of Man Industries (India) Limited were trading at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":40460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-116339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps up to 9% after the successful testing of its pipes for safe hydrogen transportation\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Multibagger stock engaged in the manufacturing and trading of steel pipes used in oil and gas, the hydrogen industry, and many other industries jumped 9 percent in the day\u2019s trade following receiving certification from the European Research Centre for hydrogen transport.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps up to 9% after the successful testing of its pipes for safe hydrogen transportation\u00a0\" \/>\n<meta property=\"og:description\" content=\"Multibagger stock engaged in the manufacturing and trading of steel pipes used in oil and gas, the hydrogen industry, and many other industries jumped 9 percent in the day\u2019s trade following receiving certification from the European Research Centre for hydrogen transport.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-28T09:57:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-28T10:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/Pipes-and-tubes-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-9-after-the-successful-testing-of-its-pipes-for-safe-hydrogen-transportation\/\",\"name\":\"Stock jumps up to 9% after the successful testing of its pipes for safe hydrogen transportation\u00a0 - 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