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Indian Hume Pipe zooms on receiving LoA worth Rs 221.72 crore

18 Sep 2018 Evaluate

Indian Hume Pipe Company is currently trading at Rs. 276.40, up by 5.05 points or 1.86% from its previous closing of Rs. 271.35 on the BSE.

The scrip opened at Rs. 273.55 and has touched a high and low of Rs. 284.20 and Rs. 267.15 respectively. So far 5194 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 566.20 on 18-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. 284.20 and Rs. 267.15 respectively. The current market cap of the company is Rs. 1344.17 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 Acceptance (LoA) for the work of Rs 221.72 crore from Madhya Pradesh Jal Nigam Maryadit for Engineering, procurement, construction, testing, commissioning, trial run and operation & maintenance of various components of Indwar- I Multi Village Rural Water Supply Scheme in district of  Umaria and Katni for ultimate capacity of bringing 29.10 mld treated water (23 hours of pumping) from the backwater of Bansagar Dam on river Sone to 118 villages of Manpur Block of Umaria and Vijayraghavgarh and Barhi Blocks of Katni District in Single Package on 'Turn-key job basis' including trial run & maintenance of the entire scheme for 10 years. The project is to be completed within 24 months.

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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