MAN Industries targets ₹1,200Cr earnings by FY29 via Saudi acquisition

MAN Industries targets ₹1,200Cr earnings by FY29 via Saudi acquisition — MD Nikhil Mansukhani outlines growth strategy centered on international expansion. The Saudi acquisition is expected to significantly boost revenue and profitability. ₹1,200 crore EBITDA target by FY29 marks aggressive scaling plans. Integration and execution risks remain key watchpoints.

📊 STOCKS: MANINDS | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Acquisition