Man Industries (India) (MANINDS): Man Industries Share Price Falls 5.54% Today to Rs 819
- September 15, 2026
- Posted by: Harsh Piplani
- Category: News
Man Industries Share Price fell to Rs 819 on 15 September 2026, down Rs 48 from the previous close of Rs 867. The move translates to a 5.54% decline and leaves the company with a market capitalisation of Rs 6,503.33 crore. The stock is in focus because the weakness was visible through the session, with trading staying near the lower end of the day’s range.
The available market data confirms the price fall, but it does not identify any company-specific trigger behind it. That means the most useful way to read the move is through the numbers that are available: intraday price action, turnover, valuation, profitability and peer positioning inside the Iron & Steel space.
The stock opened at Rs 865.1, touched a high of Rs 866.7 and fell to a low of Rs 816.3 before trading at Rs 819. Turnover stood at Rs 5.38 crore. On the technical side, the stock’s RSI was 74.5, while the 50-day and 200-day moving averages were Rs 706.16 and Rs 529.54, respectively.
Man Industries (India) (MANINDS) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 819 |
| Previous Close | Rs 867 |
| Today's Move | -Rs 48.00 (-5.54%) |
| Open | Rs 865.1 |
| High | Rs 866.7 |
| Low | Rs 816.3 |
| Turnover | Rs 5.38 crore |
| Market Capitalisation | Rs 6,503.33 crore |
| Market Cap Category | Mid Cap |
Man Industries Share Price Today reflects a session in which the stock never regained strength after the open. The day high of Rs 866.7 remained below the previous close of Rs 867, which suggests the counter did not meaningfully recover at any point during the session. After opening at Rs 865.1, the stock moved down to Rs 816.3 and later traded at Rs 819, keeping it close to the day’s low.
That pattern matters because it shows broad intraday weakness rather than a temporary dip. Turnover of Rs 5.38 crore indicates the move happened with active participation. Since the company is classified as a Mid Cap stock, a one-day decline of this size naturally draws added attention from investors tracking sharp moves in the market.
Technical reference levels also provide context. The RSI is 74.5, while the 50-day moving average is Rs 706.16 and the 200-day moving average is Rs 529.54. These figures do not explain why the stock fell today, but they help frame where the current market price stands relative to medium- and longer-term averages.
Man Industries (India) (MANINDS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 6,503.33 crore |
| P/E Ratio | 31.83x |
| P/B Ratio | 3.03x |
| ROE | 10.25% |
| ROCE | 16.31% |
| EPS | Rs 27.24 |
| Book Value Per Share | Rs 286.36 |
| Dividend Yield | 0% |
From a fundamentals perspective, the stock is not valued at the lower end of the sector. It trades at a price-to-earnings ratio of 31.83 and a price-to-book ratio of 3.03. EPS stands at Rs 27.24 and book value per share at Rs 286.36. Dividend yield is 0.
Profitability metrics are firmer than the valuation alone might suggest. ROE is 10.25% and ROCE is 16.31%, indicating the business is generating double-digit returns, with return on capital employed higher than return on equity. For investors following Man Industries Share Price, this creates a mixed but relevant picture: the stock is not cheap on headline multiples, yet it does show return ratios that are stronger than many industry benchmarks.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 31.83x |
| Benchmark Median P/E | 20.65x |
| Benchmark Average P/E | 36.99x |
| Benchmark P/E Range | 0.49x to 647.43x |
| Company P/B Ratio | 3.03x |
| Benchmark Median P/B | 1.65x |
| Benchmark Average P/B | 2.25x |
| Company ROE | 10.25% |
| Benchmark Median ROE | 9.41% |
| Benchmark Average ROE | 2.4% |
| Company ROCE | 16.31% |
| Benchmark Median ROCE | 12.32% |
| Benchmark Average ROCE | 9.87% |
| Company Market Capitalisation | Rs 6,503.33 crore |
| Benchmark Median Market Cap | Rs 311.26 crore |
| Benchmark Average Market Cap | Rs 8,002.98 crore |
The company operates in the Iron & Steel sector under the Steel & Iron Products industry. Benchmark data covers 140 companies in the same industry, which helps place today’s decline in context.
Its P/E of 31.83 is above the industry median of 20.65 and below the industry average of 36.99. The sector P/E range is wide at 0.49 to 647.43, so median and average are more useful than the extremes. The company’s P/B of 3.03 is above the industry median of 1.65 and above the average of 2.25, indicating a higher-than-typical balance-sheet valuation for this peer universe.
Profitability compares better. ROE of 10.25% is above the industry median of 9.41% and the average of 2.4%. ROCE of 16.31% is also above the median of 12.32% and average of 9.87%. On size, the company’s market cap of Rs 6,503.33 crore is well above the industry median of Rs 311.26 crore, though below the average of Rs 8,002.98 crore. In short, valuation sits above median industry levels, while returns are also above median benchmarks.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,09,961.29 | 12.51 | 2.97 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,28,259.99 | 20.69 | 2.22 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 73,936.4 | 17.31 | 1.19 | 5.66 | 7.08 |
| Welspun Corp | WELCORP | 70,596.97 | 30.57 | 7.37 | 19.55 | 23.94 |
| Jindal Stainless | JSL | 62,260.17 | 19.16 | 3.04 | 17.51 | 19.19 |
Compared with major names in the same industry, Man Industries is much smaller by market capitalisation. Its Rs 6,503.33 crore market cap is well below JSW Steel, Tata Steel, SAIL, Welspun Corp and Jindal Stainless.
On valuation, its P/E of 31.83 is higher than JSW Steel’s 12.51, Tata Steel’s 20.69, SAIL’s 17.31, Welspun Corp’s 30.57 and Jindal Stainless’ 19.16. Its P/B of 3.03 is close to Jindal Stainless at 3.04 and JSW Steel at 2.97, above Tata Steel and SAIL, and far below Welspun Corp’s 7.37.
Profitability is mixed in the peer set. ROE of 10.25% is below JSW Steel, Tata Steel, Welspun Corp and Jindal Stainless, but above SAIL. ROCE of 16.31% is below JSW Steel, Welspun Corp and Jindal Stainless, though ahead of Tata Steel and SAIL. This suggests the stock is not the cheapest in its peer group, while its return profile remains competitive against some established names.
Why Investors Are Watching Man Industries
- The stock fell 5.54% in a single session, from Rs 867 to Rs 819.
- Intraday trading stayed weak, with the price moving from an open of Rs 865.1 to a low of Rs 816.3.
- Turnover of Rs 5.38 crore shows the move was backed by active trading.
- The stock trades at P/E and P/B multiples above industry median levels.
- ROE and ROCE remain above the same-industry medians.
- The company sits in the Mid Cap segment of the Iron & Steel industry, where peer comparisons are important.
About Man Industries
Man Industries (India) is classified under the Iron & Steel sector and the Steel & Iron Products industry. Based on the supplied benchmark set, it is part of a same-industry universe of 140 companies. That context matters because the stock’s current valuation and profitability can be read not just on a standalone basis, but against a broad listed peer group.
Track Man Industries Share Price on Univest
UseMan Industries (India) (MANINDS) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, readers can follow Man Industries Share Price through live price updates, valuation ratios, profitability indicators and peer comparison tools. That helps place a sharp one-day decline in context without relying on unsupported explanations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Man Industries Share Price fall today?
Ans. The stock fell 5.54% today, declining Rs 48 from the previous close of Rs 867 to Rs 819. The supplied data confirms the price fall and intraday weakness, but it does not establish a company-specific catalyst.
What is Man Industries Share Price Today?
Ans. Man Industries Share Price Today is Rs 819. The stock traded between Rs 816.3 and Rs 866.7 during the session after opening at Rs 865.1. The previous close was Rs 867.
How much market capitalisation does Man Industries have?
Ans. Man Industries has a market capitalisation of Rs 6,503.33 crore. That places it in the Mid Cap category. The company operates in the Iron & Steel sector. Its P/E ratio is 31.83x.
Is Man Industries expensive compared with its industry?
Ans. On the supplied industry data, the company trades at a P/E of 31.83 versus the same-industry median of 20.65, and at a P/B of 3.03 versus the median of 1.65. That indicates above-median valuation multiples.
How does Man Industries compare with JSW Steel and Tata Steel?
Ans. Man Industries is much smaller in market cap than both JSW Steel and Tata Steel. Its P/E of 31.83 is higher than both peers, while its ROE of 10.25% is below JSW Steel’s 28.54% and Tata Steel’s 11.44%.
Which sector and industry does Man Industries belong to?
Ans. Man Industries belongs to the Iron & Steel sector and the Steel & Iron Products industry. The benchmark comparison supplied for this article covers 140 companies from the same industry.
