Indian Hume Pipe Company is currently trading at Rs. 490.00, up by 10.35 points or 2.16% from its previous closing of Rs. 479.65 on the BSE.
The scrip opened at Rs. 485.00 and has touched a high and low of Rs. 492.00 and Rs. 485.00 respectively. So far 3,674 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 497.70 on 19-Jun-2017 and a 52 week low of Rs. 162.50 on 21-Jun-2016.
Last one week high and low of the scrip stood at Rs. 492.45 and Rs. 433.70 respectively. The current market cap of the company is Rs. 2,373.91 crore.
The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.75% and 24.33% respectively.
Indian Hume Pipe Company has secured work order of Rs 183.46 crore from Tamil Nadu Water Supply & Drainage Board, Coimbatore for providing improvements to Water Supply Distribution to the added areas of Tiruppur Corporation in Tiruppur District including trial run, commissioning. The project is to be completed within 24 months for construction from the date of issuance of the work order and paid maintenance for a period of one year.
Recently, the company had secured work of Rs 201.14 crore from Nagar Palika Nigam, Bilaspur, Chhatisgarh for Augmentation of Water Supply Scheme of Bilaspur Town with 72 MLD Intermediate capacity Water Treatment Plants with Operation & Maintenance on Turnkey Job basis including replacement & Warranty.
Indian Hume Pipe Company is engaged in the construction and maintenance of projects relating to water supply, irrigation, sanitation and sewerage systems, and pipe manufacturing.
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