20 Nov 2025 | 5 Mins Read
Small-cap stock jumps 6% to new high after MoU with Saudi Aramco
Flipitmoney
Man Industries, owned by Ashish Kacholia, rose 5.8% to ₹472.30, a record high, after signing a five-year memorandum of understanding with Saudi Aramco's Aramco Asia to establish a steel pipe manufacturing facility in Saudi Arabia. The MoU will explore collaboration on capabilities, technologies, and resources for the energy, infrastructure, and industrial requirements of the region.