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Indian Hume Pipe gains on bagging orders worth Rs 257.26 crore

22 Dec 2017

Indian Hume Pipe Company is currently trading at Rs. 456.00, up by 13.95 points or 3.16% from its previous closing of Rs. 442.05 on the BSE.

The scrip opened at Rs. 460.25 and has touched a high and low of Rs. 464.50 and Rs. 450.00 respectively. So far 14,315 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 591.00 on 01-Sep-2017 and a 52 week low of Rs. 338.00 on 23-Dec-2016.

Last one week high and low of the scrip stood at Rs. 464.50 and Rs. 410.00 respectively. The current market cap of the company is Rs. 2,209.00 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.70% and 24.38% respectively.

Indian Hume Pipe Company has secured 3 work orders aggregating to Rs 257.26 crore from Bengaluru Water Supply and Sewerage Board under Atal Mission for Rejuvenation and Urban Tranformation (AMRUT).

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.

Related Indian Hume Pipe Company Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323