Indian Hume Pipe advances on receiving two Letters of Acceptance worth Rs 551.40 crore

Indian Hume Pipe Company Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 504741 | NSE: INDIANHUME

12 Mar 2019 Evaluate

Indian Hume Pipe Company is currently trading at Rs. 303.55, up by 8.95 points or 3.04% from its previous closing of Rs. 294.60 on the BSE.

The scrip opened at Rs. 304.90 and has touched a high and low of Rs. 314.95 and Rs. 295.05 respectively. So far 18393 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 375.00 on 23-Apr-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. 314.95 and Rs. 287.25 respectively. The current market cap of the company is Rs. 1471.10 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 aggregating to Rs 551.40 crore (including GST) from Water Resources Investigation Division, Palanpur, Gujarat. The company has received first Letter of Acceptance of Rs 340.77 crore (including GST), EPC contract for Lift Irrigation M. S. pipeline project for transmission of 200 cusecs of water from N.M.C. near Tharad to Sipu Dam with Operation & Maintenance for 10 years - Package - 1. The project is to be completed within 24 months.

The second Letter of Acceptance is of Rs 210.63 crore (including GST), EPC contract for Lift Irrigation M. S. pipeline project for transmission of 200 cusecs of water from N.M.C. near Tharad to Sipu Dam with Operation & Maintenance for 10 years - Package - 2. The project is to be completed within 24 months. Besides, the Agreements will be signed in due course.

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 Co Share Price

332.35 -0.55 (-0.17%)

29-Jun-2026 16:59 View Price Chart

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