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Indian Hume Pipe gains on bagging two orders from Municipal Corporation Raipur

06 Mar 2019 Evaluate

Indian Hume Pipe Company is currently trading at Rs. 297.40, up by 2.50 points or 0.85% from its previous closing of Rs. 294.90 on the BSE.

The scrip opened at Rs. 293.85 and has touched a high and low of Rs. 299.00 and Rs. 292.85 respectively. So far 2857 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 406.75 on 06-Mar-2018 and a 52 week low of Rs. 220.25 on 03-Oct-2018.

Last one week high and low of the scrip stood at Rs. 315.00 and Rs. 272.55 respectively. The current market cap of the company is Rs. 1433.07 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 5.38% and 24.70% respectively.

Indian Hume Pipe Company has received two Letters of Acceptance (LoA) aggregating to Rs 254.98 crore (including GST) from Municipal Corporation Raipur, Chhattisgarh. The company has received first LoA of Rs 120.79 crore under Augmentation of Water Supply Scheme Phase-II, Package-IV of Municipal Corporation Raipur. The project is to be completed within 18 months.

Also, the company has received second LoA of Rs 134.19 crore under Augmentation of Water Supply Scheme Phase-II, Package-V of Municipal Corporation Raipur. The project is to be completed within 18 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

316.15 -9.90 (-3.04%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
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