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Indian Hume Pipe zooms on receiving LoA for work order of Rs 468.58 crore

06 Aug 2018 Evaluate

Indian Hume Pipe Company is currently trading at Rs. 311.05, up by 7.35 points or 2.42% from its previous closing of Rs. 303.70 on the BSE.

The scrip opened at Rs. 314.95 and has touched a high and low of Rs. 316.00 and Rs. 309.05 respectively. So far 2516 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. 238.00 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 316.00 and Rs. 281.50 respectively. The current market cap of the company is Rs. 1471.34 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.54% and 24.54% respectively.

Indian Hume Pipe Company has received Letter of Award (LoA) for Work Order of Rs 468.58 crore from Karnataka Power Corporation (A premier power generating company of Government of Karnataka), Bangaluru for manufacture and supplying to site, laying, jointing, testing and commissioning of 1600/1700 mm dia PCCP Pipeline and construction of appurtenant works for the water supply pipeline from Kushtagi to Bellary Thermal Power Plant approximate length 103 km.

The project is to be completed within 24 calendar months including the monsoon period from the date of Letter of Award.

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.

India Hume Pipe Share Price

333.00 2.55 (0.77%)
23-Apr-2026 16:59 View Price Chart
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